This episode features Amber Walsh, Partner at McGuireWoods LLP. Here, she discusses 5 things to know about the current surgery center environment & private equity’s involvement in the space.
Summary
This episode features Amber Walsh, Partner at McGuireWoods LLP
Here, she discusses 5 things to know about the current surgery center environment & private equity’s involvement in the space.
Amber Walsh's Expertise in the Surgery Center Business
Amber Walsh is a healthcare partner at McGuire Woods and she has been working with clients in the surgery center business for many years.
Traditional Growth Mechanisms for Surgery Centers
She explains that the traditional growth mechanisms for surgery centers, such as de novo growth, acquisitions, mergers, bringing in new specialties, and new services continue today.
Growth of Newer Specialties in Outpatient Setting
Amber Walsh also discusses the growth of newer specialties, such as cardiovascular, women's health, and general surgery, which are being done more often in the outpatient setting.
Private Equity's Interest in Surgery Centers
Lastly, she talks about how private equity has become increasingly interested in surgery centers, both as an extension of the surgical practice, and as a way to get into value-based care.
Surgery centers have been around for 30-40 years and continue to be a less expensive place to provide outpatient surgery. Hospitals are softening their stance on joint ventures with physicians, and private equity investors are looking at surgery centers as part of a compensation repair mechanism and as a way to grow their surgical practices.
Note: This is an AI generated transcript, not edited by a staff writer and is solely intended for educational purposes. If you have any questions/concerns, reach out to podcasts@beckershealthcare.com
This episode aired on 06/15/2023 and can be listened here.
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