The Ambulatory Surgery Center (ASC) sector is comprised of about 5,600 Medicare-certified centers nationwide. Overall, the sector is expected to continue modest volume and revenue growth as healthcare providers increase their use of surgery centers and shift certain high-acuity outpatient cases to lower-cost sites. Mergers and acquisitions involving ASCs remain steady, bolstered by increased consolidation by ASC management companies and strategic investments by healthcare services companies. The latest Industry Flash Report on ASCs highlights recent transaction activity in the sector and the major players involved.