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Bon Secours Mercy Health to buy majority stake in Surgery Partners for $5.7B

Original: Bon Secours Mercy Health to acquire majority stake in Surgery Partners in $5.7B deal

Bon Secours Mercy Health has agreed to acquire a majority stake in Surgery Partners, the outpatient surgical care operator, in a deal valued at $5.7 billion. The move would significantly expand the nonprofit health system's footprint in ambulatory surgery, one of the fastest-growing segments of US healthcare as more procedures shift away from hospitals.

Why now: It is one of the largest recent hospital-sector acquisitions, with implications for the shift of surgical care to outpatient settings.

Bon Secours Mercy HealthSurgery Partners

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