Bon Secours Said to Near $6B Acquisition of Surgery Partners
Nonprofit health system Bon Secours Mercy Health is reportedly close to a $6 billion deal to acquire ambulatory surgery operator Surgery Partners.
Bon Secours Mercy Health, one of the largest nonprofit Catholic health systems in the United States, is nearing a roughly $6 billion takeover of Surgery Partners, according to a report from the Financial Times cited by Seeking Alpha.
The potential deal would represent a significant expansion for Bon Secours into the ambulatory surgery center market, a fast-growing segment of the healthcare industry where procedures are performed outside traditional hospital settings, generally at lower cost to patients and payers.
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Surgery Partners operates a national network of surgical facilities and has been an active consolidator in the outpatient surgery space. A tie-up with a major nonprofit health system of Bon Secours's scale could accelerate that growth while giving the acquirer a stronger foothold in value-based and outpatient care delivery.
The reported $6 billion valuation underscores the premium investors and strategic buyers continue to place on ambulatory surgery assets amid ongoing pressure on hospital systems to shift care to lower-cost settings. Neither company had publicly confirmed the talks as of the time of the report.
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