The expansion of the market under research is being fueled by the burden of chronic diseases, the rise in surgical demand, and the move towards ambulatory surgery centres. The strategic actions made by the leading player in the industry and the introduction of new goods will also contribute to market expansion. Strategic actions such as product launches, mergers and acquisitions, collaborations, and others will lead to the lucrative market expansion. For instance, in January 2021, HST Pathways, a cloud-based software provider for ambulatory surgery centres (ASCs), unveiled "HST One," a premium membership scheme.
The market for Ambulatory Surgical Centres is anticipated to reach a value of US$ 96.19 billion in 2023 and grow at a CAGR of 4.2% from 2023 to 2030.
Prominent Companies in the Ambulatory Surgical Center Industry:
1. AmSurg Corp.: Established in 1992. Headquarters in the United States. a company that offers management services for ambulatory surgery centres with the goal of enabling organisations to provide a physician- and patient-centered experience. In order to facilitate same-day surgery, the company maintains and administers outpatient surgery centres by partnering with physicians to provide comprehensive resources. This improves operational efficiency through strategic collaboration.
2. HCA Holdings, Inc.: Established in 1968. United States headquarters. The largest network of acute-care hospitals in the US is run by the Nashville-based healthcare delivery company HCA Healthcare. The company owned and operated 182 hospitals as of December 2022, 126 freestanding outpatient surgical centres, a sizable network of doctor's offices, urgent care centres, and freestanding emergency rooms spread throughout 20 states, as well as a tiny presence in England.
3. Tenet Healthcare: Established in 1969. United States headquarters. Tenet Healthcare is a Dallas-based provider of healthcare services. As of June 2023, it ran approximately 550 ambulatory surgery centres and other outpatient clinics across the United States, mainly in the South. It also ran a number of hospitals (around 60 as of that date). Tenet also offers revenue cycle management solutions via its Conifer division.
4. Surgical Care Affiliates, Inc.: Established in 1982. United States headquarters.Specialty care service provider dedicated to providing patients and communities with better care and healing. With the use of a multi-site practise model, the organisation specialises in establishing connections between patients and physicians, ensuring that professionals handle everything beyond surgical procedures, including anaesthesia and ancillary service lines. According to the previously disclosed merger agreement between the two businesses, dated January 7, 2017, UnitedHealth Group Incorporated (NYSE: UNH) has started an exchange offer for all of the outstanding shares of Surgical Care Affiliates, Inc. (NASDAQ: SCAI), a major provider of ambulatory surgery centres and surgical hospitals.
5. Surgery Partners: Established in 2004. United States headquarters. One of the only independent, large-scale U.S. operators of ambulatory surgical centres is surgical Partners Inc. In collaboration with physician organisations and bigger regional healthcare systems, the company runs surgical centres in about 30 states. While the majority of the business's revenue comes from surgical procedures, the company also runs a clinical lab, urgent care centres, and a few doctor's offices to offer other healthcare services in the regions it serves. It has two business divisions: Surgical Facility Services and Ancillary Services, with the Surgical Facility Services division producing the majority of the company's revenue. La Peer Health Systems (February 2021), Vista Surgical Centre (January 2020), and National Surgical Hospitals (August 2017) are the most recent acquisitions.
6. Ambulatory Surgical Centers of America: Established in 2014. United States headquarters. A US-based company offering ambulatory surgery services. The business provides outpatient surgical services. Tenet will pay $1.2 billion to acquire 92 ambulatory surgery centres.
7. Heathway Medical Group: It began in 1990. Singapore is the headquarters city. A healthcare management service provider with a focus on Singapore and China, Healthway Medical Corp. Ltd. is an investment holding company. Primary Healthcare and Specialist Healthcare are the company's two operating segments. In addition to making strategic investments in the medical industry, the Primary Healthcare division provides services in the fields of family medicine, dentistry, and healthcare benefit management. Paediatric, orthopaedic, aesthetic, obstetrical, and gynaecological services are provided by The Specialist Healthcare. Its principal base of operations is Singapore. A voluntary conditional offer by OUE Healthcare (OUEH) to delist Healthway Medical at 4.8 cents per share might cost up to $66.1 million.
*Definition: Ambulatory surgery centers (ASCs) are specialized medical facilities that provide outpatient surgical care. Outpatient means that a patient isn’t admitted to a hospital and can go home the same day of their procedure.
