ASC Transactions & Valuation Issues
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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: -
Remedy, Kanye Anderson acquire ASCs, outpatient centers for $252M
Healthcare real estate companies Remedy Medical Properties and Kanye Anderson Real Estate acquired 37 medical properties across 13 states for $252 million. -
USPI's 45 new ASCs: 5 things to know
Dallas-based United Surgical Partners International, Tenet Healthcare's ASC arm, acquired 45 surgery centers in the first quarter. -
Is Optum shedding ASCs?
Deerfield, Ill.-based SCA Health, Optum's ASC arm, has inked two deals in 2024 that include offloading ASCs. -
Mercy Hospital sells medical office building for $3.45M
Brewer, Maine-based Northern Light Health, the parent system of Mercy Hospital, has sold a medical office building in Westbrook, Maine, for $3.45 million, according to an April 29 report from Mainebiz. -
USPI keeps getting bigger
ASC powerhouse United Surgical Partners International continues to see major growth. -
Walmart shutters all 51 clinics: What ASCs need to know
Walmart Health is closing all 51 of its clinics and shutting down its virtual care options. -
Capitol Pain Institute acquires Kentucky ASC
Capitol Pain Institute acquired Pain Care Surgery of Louisville in Kentucky. -
USPI adds 45 ASCs in Q1, revenue nearly hits $1B
Dallas-based United Surgical Partners International, Tenet Healthcare's ASC business, reported first quarter revenue increased 9.9% to $995 million, driven by strong revenue per case, acquisitions and opening new de novo facilities. -
4 hospitals closing in the South
Becker's has reported on four hospitals shuttering in the South in 2024. -
3 ASC, medical office building transactions in Texas
Here are three ASC and medical office building transactions that occurred in Texas, as reported by Becker's since Jan. 22: -
Optum in 2024: 5 major moves
Optum is the parent company of SCA Health and the country's largest employer of physicians.
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