Becker's ASC Review

September/October Issue of Becker's ASC Review

Issue link: https://beckershealthcare.uberflip.com/i/1293457

Contents of this Issue

Navigation

Page 43 of 107

44 JOINT VENTURES USPI vs. AmSurg vs. SCA: 8 key comparisons By Laura Dyrda U nited Surgical Partners International, AmSurg and Surgical Care Affiliates are among the longest-lasting and largest ASC chains in the U.S. Here are eight points of comparison between them. 1. Number of ASCs • USPI: 265 ASCs + 25 surgical hospitals • AmSurg: 250-plus facilities • SCA: 230 surgical facilities 2. Affiliated physicians: • USPI: 10,000-plus • SCA: 8,000 • AmSurg: 2,000 3. Number of states with centers: • SCA: 35 • AmSurg: 34 • USPI: 29 4. CEOs • SCA: Caitlin Zulla joined SCA in 2015 and served as chief administrative of- ficer and CFO before being promoted to CEO in late 2019. She has previous experience as senior vice president, operations of revenue cycle services for MedAssets. • USPI: Brett Brodnax joined USPI in 1999 and served as senior vice presi- dent, executive vice president and chief development officer before taking on the president and CEO role. He also has experience as an assistant vice president at Baylor Health Care System in Dallas. • AmSurg: Jeff Snodgrass became Am- Surg's president in September. He pre- viously served as president and CEO of Azura Vascular Care and National Cardiology Partners. 5. Number of employees • USPI: 19,000-plus • SCA: 8,500 • AmSurg: N/A 6. Headquarters • SCA: Deerfield, Ill. • USPI: Dallas • AmSurg: Nashville, Tenn. 7. Year founded • SCA: 1982 • AmSurg: 1992 • USPI: 1998 8. Core business • SCA: A company partnering with phy- sicians and health systems to own and operate ASCs. e company has ASCs with multiple specialties, with a focus on orthopedics and spine. • USPI: e company partners with physicians and health systems to invest in surgical facilities primarily in mus- culoskeletal care (largely orthopedics), as well as other specialties including ophthalmology and gastroenterology. • AmSurg: AmSurg is a surgery center chain that focuses on primarily gastro- enterology and ophthalmology centers across the nation. n Texas ASC files for bankruptcy — 3 details By Angie Stewart S an Antonio-based Babcock Surgical Center filed for bankruptcy, according to the San Antonio Business Journal. What you should know: 1. The ASC filed for voluntary Chapter 7 bankruptcy protection June 11 in the Western District of Texas. Under Chapter 7 bankruptcy protection, businesses are typically liquidating assets to satisfy creditor claims. 2. Babcock Surgical Center's bankruptcy filing listed assets of up to $50,493 and debts of up to $3.66 million. 3. With an outstanding claim of $2.93 million, the largest creditor listed on Babcock's bankruptcy filing was UnitedHealthcare Insurance Co. n Ohio health system acquires surgery center for $21M By Eric Oliver C incinnati-based TriHealth paid $21 million to acquire an outpatient surgery center in Anderson Township, Ohio, in a cost-reducing move, the Cincinnati Business Courier reports. What you should know: 1. The health system has debated acquiring the facility, TriHealth Surgery Center Anderson, for the past year, and viewed the center as an "important part of our long-term am- bulatory strategy," said TriHealth vice president of ambulatory services Steve Mombach. 2. TriHealth had originally leased the site since construction was complete in 2017. 3. The center has four operating rooms, one endoscopy room and a laboratory. The center is connected to two medical of- fice buildings that TriHealth also owns. n

Articles in this issue

view archives of Becker's ASC Review - September/October Issue of Becker's ASC Review