Tag: Mergers and Acquisitions

UnitedHealth has ‘quietly’ bought several outpatient surgery centers

Editor's Note UnitedHealth Group acquired dozens of outpatient facilities, particularly surgery centers, in 2023, often without public announcements, STAT March 11 reports. This builds on their network of about 90,000 physicians. Many new centers are in areas where UnitedHealth dominates the Medicare Advantage market. A major acquisition was National Cardiovascular…

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By: Tarsilla Moura
July 10, 2024
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Study: Federal antitrust action minimal relative to number of hospital mergers

Editor's Note Federal regulation of hospital mergers is inadequate, according to an April antitrust enforcement study scheduled to be published by the American Economic Association. According to a June 14 report in Modern Healthcare, researchers at universities including Harvard and Yale analyzed insurance claims data from Aetna, Humana, and UnitedHealthcare,…

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By: Matt Danford
June 27, 2024
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State legislative challenges impacting ASCs: Updates from North Carolina, California, Massachusetts, South Carolina

Editor's Note In a recent ASCA Audio Update, Charlie Leonard, public relations and public affairs consultant, spoke with Steven Obrech, associate director of government affairs at ASCA, to discuss various legislative issues affecting ambulatory surgery centers (ASCs). This discussion showcased ongoing legislative challenges and efforts to support ASC operations at…

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By: Tarsilla Sampaio Moura
June 18, 2024
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HCA Healthcare reports solid first-quarter financials

Editor's Note Solid operating margins and an improved payer mix contributed to robust financial outcomes for HCA Healthcare in the first quarter of 2024, including “significant growth” in inpatient admissions, surgeries and emergency room visits, according to an April 29 article on Investing.com. According to the report, outpatient surgery revenue…

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By: Matt Danford
May 2, 2024
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Private equity healthcare ownership draws new scrutiny

Editor's Note Over the last 10 years, private equity has taken over many of the nation’s health care facilities—from hospitals to nursing homes to physician practices—spending $1 trillion and instituting changes designed to rapidly increase profits, NBC News reported April 9. Studies have found that these takeovers can have serious…

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By: Brita Belli
April 23, 2024
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Surge in corporate ownership of medical practices raises concerns over physician autonomy, care quality

Editor's Note Corporate entities are overtaking hospitals in terms of medical practice ownership, with corporate ownership at 30.1%, surpassing hospital ownership at 28.4% for the first time, Fierce Healthcare April 12 reports. This is alongside a “decadelong decline of independent physicians,” which saw a new high of 77.6% doctors employed…

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By: Tarsilla Moura
April 17, 2024
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ASCs forecasted to continue seeing major expansion in orthopedic, spine procedures

Editor's Note Ambulatory surgery centers (ASCs) specializing in orthopedic and spine procedures are seeing a surge in growth, Orthopedics This Week April 2 reports. An "Impact of Change Forecast" report from Sg2, a Vizient Inc company, forecasts a 12% increase in orthopedics/spine ASCs in the next 5 years and a…

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By: Tarsilla Moura
April 3, 2024
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Most physicians negatively view private equity ownership of healthcare practices

Editor's Note According to a March 11 research letter published by JAMA Internal Medicine, most physicians have a negative view of private equity’s growing involvement in healthcare. The findings mostly come from a January 2023 survey of 525 medical doctors conducted by the American College of Physicians (ACP). Some highlights…

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By: Brita Belli
March 26, 2024
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Federal probe investigates care quality impact of private equity mergers, acquisitions

Editor's Note Making good on plans announced by the Biden administration in December, federal agencies have launched a public inquiry into how private equity mergers and acquisitions impact patient outcomes, worker safety, and healthcare access and costs, including costs to taxpayers.  As reported by Dotmed Healthcare Business News on March…

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By: Matt Danford
March 14, 2024
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2023 was transformative for ASC sector: Growth, regulatory changes, strategic consolidations

Editor's Note Becker’s ASC Review on February 13 published an in-depth overview of the ambulatory surgery center (ASC) sector's growth and activity in 2023. It highlights the ongoing trends, market dynamics, regulatory changes, and notable company performances within the industry. Here are some takeaways: Growth and consolidation: The ASC sector…

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By: Tarsilla Moura
March 13, 2024
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