The biggest threat to cardiology independence

Becker's Healthcare January 6, 2025
Francesca Mathewes

Cardiology is the fastest-growing ASC specialty and, as such, has been drawing attention from private equity groups and other consolidators, as cardiovascular procedures continue to migrate to the ASC setting.

However, many cardiology ASCs have managed to maintain their independence in the face of these market factors. One example is Richmond-based Virginia Cardiovascular Specialists.

“There aren’t very many of us. We should start with that,” John Onufer, MD, a cardiologist and medical director of VCS recently told Becker’s. He said that while the ASC opened in January 2023, a number of insurance and other administrative requirements had to be met before the practice was fully in operation — which is why a solid managerial team is key to...

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