Large healthcare groups are shifting their ASC strategy, favoring partnerships with surgery centers and physician practices over direct investments, Jeffrey Flynn, administrator and COO of New York City-based Gramercy Surgery Center and president of the New York State Association of Ambulatory Surgery Centers, told Becker’s. “The trend of hospitals buying out practice[s] is slowing down,” he said. “The new trend is large megagroups coming together through private equity as the new challenges and opportunities. Some of these groups have opted not to directly enter the ASC space, but, to achieve efficiency and participate in risk plans, have started partnering with us.”
Read the full article: ASCs Aren’t ‘Printing Money’ Anymore — Here’s How Investment Strategies Are Adapting //
Source: https://www.beckersasc.com/leadership/ascs-arent-printing-money-anymore-heres-how-investment-strategies-are-adapting/