ASC Transactions & Valuation Issues
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Pain management practice abruptly closes
The Lafayette, Ind.-based pain management practice of Julian Ungar, MD, unexpectedly closed May 1, WLFI reported May 13. -
Optum, Walmart, Rite Aid & Walgreens are scaling back healthcare ventures
Healthcare giants Optum, Walmart, Rite Aid and Walgreens have recently announced plans to scale back healthcare offerings, sparking concerns about care access. -
What Tenet is saying about their ASC strategy
Tenet Healthcare has been bullish on ambulatory growth. Here's what the company says about its ASC strategy. -
43,000-square-foot Indiana medical office building sells
A 43,450-square-foot medical office building in Valparaiso, Ind., has been sold after spending time tied up in the legal system, according to a May 10 report from REBusiness Online. -
Florida medical office building with ASC sells for $32M
Anchor Health Properties has acquired a 70,418-square-foot medical office building in Sarasota, Fla., for $31.8 million, according to a May 9 report from Commercial Property Executive. -
HCA Healthcare vs. Tenet in Q1: 6 financial notes on ASC strategy
Healthcare giants HCA Healthcare and Tenet Healthcare have made their mark on the ASC industry. -
What's new with HCA Healthcare?
Nashville, Tenn.-based HCA Healthcare is one of the largest operators of surgery centers through its ASC business Surgery Ventures. -
1 year after Envision filed for bankruptcy: What's happened since
Physician services company Envision filed for Chapter 11 bankruptcy in May 2023. -
Surgery Partners sees big financial wins in Q1: 5 notes
Surgery Partners has started off the year strong, seeing big financial gains. -
10 medical office buildings sold in the South
Here are 10 medical office buildings that changed hands occurred in the Southern U.S., as reported by Becker's since March 11: -
What the ASC market looks like today
Though the ASC market is increasingly consolidating, the majority of surgery centers are independent. -
Another hospital shutters clinic: What ASCs need to know
Rural health clinic McCurtain Memorial Urgent Care - Hochatown near Broken Bow, Okla., closed April 28. -
ASCs continue to consolidate: The 2023 deals shaping the industry
While there were no notable mega-mergers in the ASC industry in 2023, there was transaction activity by multi-site operators and health systems, according to VMG Health's 2024 Healthcare M&A Report published May 7. -
Physician groups keep getting snapped up: 10 major deals to know
Physician group deal volume remained at high levels in 2023, according to VMG Health's 2024 Healthcare M&A Report published May 7. -
Pennsylvania medical office building sells for $6.6M
A medical office building in Hanover Township, Pa., has been sold for $6.6 million, according to a May 7 report from WFMZ. -
Arizona medical office building sells for $21M
Real estate investor Cypress West Partners has made its first medical office building purchase as part of a new joint venture with global investment manager TPG Angelo Gordon. -
Rite Aid closes 520+ locations since bankruptcy: What ASCs need to know
Rite Aid has shuttered more than 520 locations since it filed for Chapter 11 bankruptcy in October, Bloomberg reported May 3. -
HCA revenue hits $17B amid outpatient volume drop
Nashville, Tenn.-based HCA Healthcare, owner of the largest ASC chains in the country, posted $1.8 billion in income and $17 billion in revenue in the first quarter of 2024, according to the company's earnings report published April 26. -
6 hospitals closing in the Midwest
Becker's has reported on six hospitals shuttering in the Midwest in 2024, which could mean a rise in volume for ASCs in the region. -
The medtech giants ASCs need to know
Here are 11 medtech companies making waves in major ASC specialties, including orthopedics, ophthalmology gastroenterology and cardiology:
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