Becker's Healthcare February 16, 2024
Although 68% of the ASC market remains independent, the industry saw continued consolidation in 2023, according to a recent report from VMG Health.
The market saw individual transactions by large ASC platform players, as well as lower-middle-market level.
Here are eight major deals to know in 2023, according to the report.
1. In February, United Musculoskeletal Partners partnered with two orthopedic practices based in Dallas-Fort Worth —- All-Star Orthopaedics, with four clinic locations, and OrthoTexas Physicians and Surgeons, with five clinics and one ASC.
2. In May, Hartford HealthCare acquired two ASCs in Connecticut. Hartford HealthCare acquired 70.6% of Trumbull, Conn.-based Surgery Center of Fairfield County and 51% of Torrington, Conn.-based Litchfield Hills Surgery Center.
3....
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