Insurance Business reports that Allstate has sued Florida Orthopedics and Neurosurgery, which does business as University Orthopedic Care, along with its two owners, “under federal racketeering law, accusing it of running a kickback-driven billing scheme that cost the insurer millions.” In the complaint filed in U.S. District Court for the…
Editor's Note Surgery Partners’ high debt load and sluggish acquisition pace are forcing a strategic recalibration that could constrain future growth and investor returns, Simply Wall St October 9 reports. The company’s rising interest expenses, weaker-than-expected sales, and limited free cash flow are prompting concerns about its ability to sustain…
Editor's Note Two major players in outpatient surgical care are taking sharply different paths: Surgery Partners is rejecting a buyout bid, while Ascension is making a bold acquisition to rapidly expand its ambulatory surgery center (ASC) footprint. Surgery Partners has formally declined a takeover proposal from Bain Capital, Ambulatory Surgery…
Editor's Note In 2025 earnings reports for the first quarter (Q1), both Surgery Partners Inc and Ardent Health Partners Inc posted solid top-line growth and reaffirmed full-year guidance, but they diverged in outpatient performance, TipRanks May 12 reports. Surgery Partners, a major operator of ambulatory surgery centers (ASCs), reported Q1…
