ASC Transactions & Valuation Issues
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Illinois hospital buys majority stake in Effingham ASC
Sarah Bush Lincoln Medical Center in Mattoon, Ill., bought membership shares from USPI and is the majority owner of Effingham (Ill.) Ambulatory Surgery Center, according to an April 24 Facebook post. -
HCA, SCA Health & more organizations selling off ASCs
Here are four organizations that have recently inked deals to sell ASCs. -
$1.2B for 5 of 2024's biggest-budget outpatient acquisitions
Here are five of the most expensive outpatient medical facility acquisitions reported by Becker's in 2024 so far, with price tags totaling more than $1.2 billion: -
Tenet's healthcare takeover
Dallas-based Tenet Healthcare, parent company of ASC chain United Surgical Partners International, has had an active first quarter. -
Hospital closures continue: 5 updates
ASCs in many markets are being affected by hospitals and health systems continuing to close campuses and shutter services as costs soar. -
ASC, MOB market gains traction in California
Here are five ASC and medical office building investments that occurred in California, as reported by Becker's since Jan. 18: -
2 Sanford medical office buildings sold for $23M
Two Bemidji, Minn.-based medical office buildings leased to Sioux Falls, S.D.-based Sanford Health have sold for $23.2 million, according to an April 17 report from Finance & Commerce. -
3 medical office buildings in Minnesota, Wisconsin sold
A three-property medical office building portfolio in Minnesota and Wisconsin has sold, according to an April 17 report from REBusiness Online. -
2 real estate firms join forces for medical office building acquisitions
Real estate investors Cypress West and TPG Angelo Gordon have entered a joint venture that intends to acquire $300 million in medical offices across the Sun Belt over the next two years, according to an April 17 report from Commercial Property Executive. -
Shuttered physician group offloads practices, physicians
Boise, Idaho-based Primary Health Medical Group has added several providers and an ENT practice from the shuttered Nampa, Idaho-based physician group Saltzer Health. -
Rite Aid shuttering 200+ locations: What ASCs need to know
Rite Aid will shutter 53 more locations after it filed for Chapter 11 bankruptcy and announced it will close locations last year, according to April bankruptcy court filings obtained by Becker's. -
MarinHealth, UCSF Health buy ASC stake from SCA Health
Greenbrae, Calif.-based MarinHealth Medical Center and San Francisco-based UCSF Health have joined forces to purchase equity stakes in San Rafael, Calif.-based Marin Specialty Surgery Center, according to an April 15 report from the Marin Independent Journal. -
Tenet's 61 hospitals: State-by-state breakdown
Dallas-based Tenet Healthcare, parent company of ASC giant United Surgical Partners International, operated 61 hospitals and 480 ASCs and surgical hospitals as of Dec. 31, according to a proxy statement filed April 12 with the Securities and Exchange Commission. -
10 highest-spending states
Massachusetts is the state with the highest personal expenditure per capita, according to an analysis of 2022 data from the US Bureau of Economic Analysis by the QR Code Generator. -
12K-square-foot Michigan medical office building sells
An 11,892-square-foot medical office building in Flint, Mich., has sold, according to an April 15 report from REJournals. -
What lawmakers are saying about Optum's physician transactions
UnitedHealth Group's Optum, the country's largest employer of physicians and parent company of ASC chain SCA Health, is attracting a lot of attention with its rapid growth. -
14K-square-foot Texas ASC sells
A 14,000-square-foot ASC facility in Sugar Land, Texas, has sold, according to an April 10 report from REBusiness Online. -
3 Tenet deals totaling $2.95B+
Tenet Healthcare, parent company of ASC chain United Surgical Partners International, has recently closed several multi-million dollar deals. -
Compass Surgical's year: 6 moves in 4 months
Raleigh, N.C.-based ASC management company Compass Surgical Partners has hit the ground running in 2024, striking new partnerships and garnering new equity investments. -
FTC takes new step toward blocking Novant's endoscopy center acquisition
The Federal Trade Commission has filed a preliminary injunction request to bar Charlotte, N.C.-based Novant Health from purchasing two medical centers owned by Franklin, Tenn.-based Community Health Systems, according to an April 8 report from the Triad Business Journal.
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