Surgical Centers & Facilities

CommonSpirit Eyes ASC Growth to Diversify Portfolio

CommonSpirit Senior Executive Vice President and CFO Michael Browning said the Chicago-based system needs to diversify its portfolio operationally and on the investment side and sees ASCs as a “good expansion opportunity.” With $40 billion in annual revenue, CommonSpirit has many opportunities in the markets it serves, as well as outside markets, Mr. Browning said […]

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Surgery Partners Navigating Challenges Tied to Payer Dynamics, Physician Transitions

Surgery Partners (Nasdaq: SGRY) ended 2025 confronting problems that its leaders insist are temporary. Even so, the end-of-2025 challenges serve as a reminder to ambulatory surgery center (ASC) operators how quickly payer dynamics and physician transitions can disrupt even a scaled platform. “The year closed out against a challenging backdrop, with several headwinds impacting our

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Pelto Launches ASC Ownership Platform

Physician-owned Pelto Health Partners has launched an ASC platform initiative, expanding its vendor ecosystem to include resources for ASC development and management, according to a press release. The initiative is designed to allow physicians to navigate the complex and capital-intensive process of opening and owning an ASC. It adds a channel partnership arm focused on

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For CommonSpirit, Ambulatory Surgery Emerging as Key Growth Lever

CommonSpirit Health is leaning harder into ambulatory surgery centers (ASC) and outpatient expansion as it works to stabilize margins and reposition its portfolio beyond traditional hospital care. This idea – leaning into outpatient – is one that CommonSpirit leaders have repeatedly spoken up about. That group includes President and CEO Wright Lassiter, who touched on

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Atlas Lands Prisma Partnership as ASC JV Landscape Heats Up

The ambulatory surgery center (ASC) joint venture landscape is primed for a big year. Atlas Healthcare Partners is ready to capitalize on that momentum. The Phoenix-based ASC development and management company announced that it has inked a new partnership with Prisma Health to expand outpatient surgical capacity across the Southeast, adding another large not-for-profit system

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