Editor's Note Private equity investment in hospital-owned ambulatory surgery centers (ASCs) is rising as hospitals seek expansion capital and private equity firms look for profitable partnerships in a growing sector, Modern Healthcare November 4 reports. ASCs have become popular due to their lower costs compared to hospitals, which makes them…

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Editor's Note ChristianaCare, a health system in Delaware, is partnering with Atlas Healthcare Partners to develop a new network of ambulatory surgery centers (ASCs) in Delaware and the mid-Atlantic region, Hospital Management August 14 reports. The partnership will be overseen by a joint board with representatives from both ChristianaCare and…

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Editor's Note As healthcare continues to transition from inpatient to outpatient settings, large health systems are increasingly forming partnerships and joint ventures to develop and manage ambulatory surgery centers (ASCs), Becker’s ASC Review August 16 reports. Per the outlet, health systems have historically been hesitant to embrace ASCs due to…

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Editor's Note As outpatient surgery continues to gain popularity and the need to cut costs persists, Becker’s ASC Review sat down with Jim Freund, managing partner for Physician Transaction Advisors, to discuss the below three key trends in the ambulatory surgery center (ASC) industry, per Becker’s July 18 article. Number…

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San Francisco & Raleigh, North Carolina—(BUSINESS WIRE)—TPG (NASDAQ:TPG), a leading global alternative asset management firm, today announced a significant strategic investment in Compass Surgical Partners (“Compass” or the “Company”), an independent full-service ambulatory surgery center (ASC) development and management partner. TPG Growth, the firm’s middle market and growth equity platform,…

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Editor's Note A survey of health system executives published January 4 by VMG Health finds that an increasing number are planning to expand into joint ventures with ambulatory surgery centers as they look to move more services from inpatient to outpatient facilities. The survey included 141 health system executives, including…

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Editor's Note According to the Ambulatory Surgery Center Association (ASCA), every August,  ambulatory surgery centers (ASCs) promote awareness of how they "have transformed the outpatient experience" by educating key policy and decision makers as well as the public on the many benefits ASCs provide. To participate in this month's celebration,…

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With healthcare costs continuing to rise, hospitals, payers, and patients are looking for different venues for care and ways to cut costs while maintaining quality and safety. As more surgical procedures are safely performed in outpatient settings, more ambulatory surgery centers (ASCs) are being built or restructured. Partnerships between hospitals…

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Ambulatory service centers (ASCs) are back in expansion mode after a slow-down during the COVID-19 pandemic. In 2020, as the pandemic took hold, ASCs saw a decrease in growth as people delayed or opted out of elective surgeries. But that delay only served to highlight the importance of ASCs to…

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Editor's Note “Patients, physicians, and others basically label hospitals as the place you go when you’re sick,” Joan Dentler, MBA, Founder and President of Avanza Healthcare Strategies, said when opening the session, “ASC Joint Ventures—Risk or Reward?” On the flip side, she continued, “outpatient services is where you go when…

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