Earlier this year, I read a news piece on a health system in Memphis called Methodist Le Bonheur Healthcare that had announced that it would be closing the joint venture ASC that it operates in concert with over one hundred physician partners.
ASCs can be great investments for physicians. Oh, as long as they are real.
What appears to the unknowing and unsuspecting to be a normal day-to-day business transaction is really something quite different.
It’s easy to be a backseat driver, but in the context of case flight from hospitals to outpatient facilities, buying large hospitals from national chains “because we can run them better” is a bit risky.