Becker's Healthcare June 18, 2024
The ASC industry went through a series of megamergers between 2015 and 2018 which reshaped the industry, according to VMG Health’s 2024 Healthcare M&A Report published May 7.
Here are five notes to know about the mergers:
1. In 2015, Tenet Healthcare purchased 50.1% of Dallas-based United Surgical Partners International for $425 million.
USPI has since grown to the largest ASC chain in the country. In 2020, Tenet acquired more than 90 ASCs from SurgCenter Development for approximately $1.2 billion, paving the way for USPI to market dominance. As of the end of the first quarter, USPI has interest in 512 ASCs and 25 surgical hospitals spanning 38 states.
2. In 2016, AmSurg and Envision Healthcare Holdings signed...
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