It’s no secret that outpatient care is a growing sector of the U.S. healthcare market. But data from the U.S. Centers for Medicare & Medicaid Services (CMS) confirm that outpatient care today—including services peformed in clinics and surgical centers, rather than hospitals—has developed into a significant share of healthcare spending.

In dollar terms, that comes out to $1.63 trillion for hospital care vs. $1.11 trillion for physician and clinical services (2024). Given this growth, it’s not surprising that launderers, including both healthcare specialists and industrial or mixed operations, are looking to access the outpatient market. That includes healthcare specialists such ...