AmSurg is a Nashville-based surgery center company that partners with around 2,000 physicians and operates 250 ASCs, making it the second-largest ASC chain nationally, trailing only Tenet's United Surgical Partners International. The company was acquired by Catholic hospital company Ascension in a $3.9 billion deal, with the acquisition completed in June 2026.
Cyborg Score Rationale
AmSurg holds the #2 market position in the rapidly growing ASC sector with 250+ centers, a strong physician partnership network of 2,000+ partners, and diversified service offerings. The successful completion of a $3.9B acquisition by Ascension validates its strategic value and operational excellence.
Top Insights
(June 2026) Acquisition completed: Ascension officially closed its $3.9B acquisition of AmSurg, gaining 250+ surgery centers across 34 states and immediate scale in the high-growth outpatient surgery market
(June 2026) FTC approval secured: Ascension was required to divest several surgery center facilities to comply with antitrust concerns before completing the acquisition
Market leadership: Second-largest ASC operator nationally with 250+ centers and partnerships with 2,000+ physicians across diverse specialties
Strategic fit: ASC market growing at 9-12% annually; acquisition aligns with broader healthcare trend of shifting complex procedures to lower-cost outpatient settings
Named Competitors
United Surgical Partners International — Largest ASC operator in the United States
Envision Healthcare — Healthcare services company (former AmSurg parent)
Surgery Partners — ASC management and physician services
Summa Health — Health system and ASC operator
Recent Developments
(June 2026) Ascension acquisition closed at $3.9 billion valuation
(Early 2026) FTC required divestitures of certain surgery center facilities as condition of approval
(2023) Separated from Envision Healthcare during its bankruptcy restructuring to become a standalone entity
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