Ambulatory Surgery Centers, Urgent Care Centers & Others: Where Do Ancillary Services Stand in the Race for Consolidation? Becker’s Hospital Review
Scott Becker, JD, CPA & Carrie Pallardy
While the hospital consolidation market continues to move at a rapid pace, the market for consolidation of ancillary services providers appears to be moving at a slower and more uneven pace. In the hospital market, there are large systems that are trying to develop a broader footprint to succeed in a value-based world and not have to go out-of-network. For example, earlier this year Tenet Healthcare Corp. acquired Vanguard Health Systems for a total of $4.3 billion, which gave Tenet the ability to expand into markets including San Antonio, Chicago and Detroit.