STAT+: Nonprofit Bon Secours Mercy Health strikes $5.7 billion deal for surgery center chain — SkimNews
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- Bon Secours Mercy Health announced Monday that it plans to acquire Surgery Partners in a deal valued at $5.7 billion, which could make it one of the country’s biggest ambulatory surgery center operators and is likely to boost its profitability and leverage over insurers.
- Surgery Partners operates more than 200 ambulatory surgery centers, short-stay hospitals and multispecialty physician practices across 30 states.
- Bon Secours Mercy Health expects the Surgery Partners acquisition to close in the first quarter of 2027.
- Bain Capital already has ties to Bon Secours Mercy Health that the acquisition would deepen.
- Ambulatory surgery centers have drawn rapid investment from nonprofit and for-profit hospital operators as more procedures migrate into outpatient settings under Medicare payment changes and commercial insurers steer members to lower-cost facilities.
- Ascension paid $3.9 billion for Amsurg earlier this year, expanding its ambulatory surgery center network to about 300 centers.
Why it matters: Bon Secours would gain a 30-state network of more than 200 ambulatory surgery centers, short-stay hospitals and multispecialty physician practices, and the acquisition is likely to improve its profitability and leverage over insurers. Its $5.7 billion purchase follows Ascension’s $3.9 billion Amsurg deal, illustrating the rapid consolidation of outpatient assets.
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