Becker's Healthcare September 20, 2024
The ASC industry is facing two new, opposing forces: consolidation by large ASC chains and independent ASCs with non-traditional business models.
UnitedHealth Group’s Optum, parent company of ASC giant SCA Health, has made massive strides in acquiring physicians, physician practice groups and ASCs over the last several years. In 2023, Optum added nearly 20,000 physicians to its payroll, bringing its total to at least 90,000 affiliated physicians. The company operates 2,200 primary and specialty care offices in 16 states.
Amazon and CVS Health have also broken into the ASC space. Amazon has more than 221 primary care offices in more than 20 markets and early this year inked a deal to purchase primary care company One Medical for $3.9...
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