HealthSpan Partners to Acquire Surgery Partners, Establishing a Leading Outpatient Surgical Care Platform
Key Highlights
- ➤Surgery Partners acquisition valued at approximately $5.7 billion enterprise value
- ➤Shareholders receive $23.50 cash per share, excluding Bain Capital affiliates
- ➤Bain Capital rolls over its stake and retains approximately 39% ownership
- ➤Transaction expected to close in first quarter of 2027, pending approvals
- ➤Surgery Partners adds more than 200 locations across 30 states
Expert Statements
John M. Starcher, Jr., President and Chief Executive Officer of Bon Secours Mercy Health
“As healthcare continues to evolve, it is important to grow in ways that allow us to serve more people, in more communities and through a broader range of care settings.”
John M. Starcher, Jr., President and Chief Executive Officer of Bon Secours Mercy Health
“Our relationship with Surgery Partners represents an important step toward advancing that commitment. Surgery Partners has built a respected national platform rooted in strong physician relationships and a commitment to quality care. By combining those strengths with HealthSpan Partners’ long-term stewardship approach, we have an opportunity to strengthen access to more affordable care, support more patients and communities while continuing to advance our mission for years to come.”
Dr. Wael Haidar, President, Clinical Operations, Bon Secours Mercy Health, and President of HealthSpan Partners
“Patients increasingly expect healthcare to be accessible, convenient and centered around their needs.”
Dr. Wael Haidar, President, Clinical Operations, Bon Secours Mercy Health, and President of HealthSpan Partners
“Our purpose is to make healthcare easier to access, easier to navigate and better for the people we serve. As more care moves beyond the hospital setting, patients are looking for high-quality care that fits more seamlessly into their lives. Surgery Partners understands that care should be designed around the needs of patients, and that approach aligns closely with our mission. Together, we have an opportunity to expand access to high-quality outpatient care while supporting physicians and helping patients receive the right care, in the right setting, at the right time.”
Eric Evans, Chief Executive Officer of Surgery Partners
“We are proud of the role Surgery Partners plays in expanding access to high-quality outpatient care.”
Eric Evans, Chief Executive Officer of Surgery Partners
“Joining HealthSpan Partners represents an exciting next chapter for Surgery Partners. Together, along with our physician and health system partners, we can expand on our mission to enhance patient quality of life through partnership. Importantly, HealthSpan Partners recognizes the significant value that our physician partners and our colleagues have created for the communities we serve. We believe this transaction represents the best path forward for Surgery Partners, delivering an attractive all-cash premium to our shareholders while creating lasting benefits for our patients, physicians and other stakeholders.”
HealthSpan Partners to Acquire Surgery Partners, Establishing a Leading Outpatient Surgical Care Platform
Advances shared commitment to expanding access to high-quality, affordable care and enhancing patient outcomes
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