Becker's Healthcare November 28, 2022
The healthcare industry is increasingly consolidating as operation costs soar — physicians are migrating to employed models and private practices are being bought up by larger entities.
Despite the consolidation, the ASC industry has remained fragmented, with independent surgery centers remaining in the majority as the driver of low costs.
Seventy percent of freestanding ASCs are independently owned and operated, according to VMG Health’s “Annual Healthcare M&A Report 2022.” This number has remained relatively flat even throughout the COVID-19 pandemic. Seventy-two percent of ASCs were independent from 2020 to 2021, according to prior VMG Health reports.
Additionally, it’s in the best interest for payers and healthcare as a whole for ASCs to remain independent. Healthcare prices rise when ASCs and...