Becker's Healthcare August 7, 2024
The ASC industry is largely fragmented, with roughly 68% of ASC facilities operating independently as of 2023.
Much of healthcare is consolidating at a rapid rate by comparison — the number of physician practices owned by hospitals, health systems and other corporate entities in 2024 jumped 46% from 2012, according to the Physician Advocacy Institute data.
Payers and health systems are also consolidating. In the first half of 2024, Becker’s reported on 16 hospital mergers and acquisitions.
According to a recent report from the Association of American Colleges Research and Action Institute, North Carolina’s largest health systems — Charlotte-based Atrium Health, Chapel Hill-based UNC Health and Winston-Salem-based Novant Health — have a 49.6% combined market share in the...
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