Latest news with #AmSurg
Bloomberg
10 hours ago
- Business
- Bloomberg
Pimco and King Street's AmSurg Windfall Caps Ugly Distressed-Debt Saga
The sale of AmSurg, an ambulatory surgery company once part of KKR & Co.-backed Envision Healthcare Corp., caps an epic distressed-debt saga that will hand a windfall to investors that took ownership of the business after an ugly debt brawl. Pacific Investment Management Co., King Street Capital Management, and Partners Group are among the AmSurg owners netting nearly $4 billion from the deal to sell the company to Ascension Health, one of the biggest nonprofit health systems in the US.
Bloomberg
a day ago
- Business
- Bloomberg
Ascension Health Expands Reach With $3.9 Billion Amsurg Deal
Ascension Health has agreed to buy AmSurg, an ambulatory surgery company once part of Envision Healthcare Corp., for about $3.9 billion, according to people with knowledge of the matter. The deal will add more than 250 outpatient surgery centers to Ascension's network in the US, where it is one of the biggest nonprofit health systems, as care moves toward lower-cost settings outside of traditional hospitals.
