ASC Transactions & Valuation Issues
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Tenet completes $975M sale of California hospitals, ASCs
Dallas-based Tenet Healthcare, parent company of ASC giant United Surgical Partners International, has completed the sale of four hospitals and two ASCs in Southern California to UCI Health. -
5 health systems selling off health facilities in the last year
Here are five health systems that have sold facilities in the last year: -
Optum to acquire Steward physician group
Optum, parent company of ASC chain SCA Health, will acquire financially troubled Dallas-based Steward Health Care's physician group, The Boston Globe reported March 26. -
MyMichigan Health to acquire Ascension ASC, 3 other locations
MyMichigan Health is set to acquire Ascension's Michigan locations in Saginaw, Tawas and Standish. -
Hidden costs can erode ASC margins: Insights on potential trouble spots + how to solve them
One of the most important trends in healthcare in recent years is that ambulatory surgery centers have become the setting of choice for a wide range of outpatient procedures, due to the lower costs and positive patient experiences at these facilities. -
Inside CVS' physician acquisition strategy
CVS Health is one of the top contenders in the race to acquire physicians. -
$1.8B in 3 years: The acquisitions driving Tenet's growth
Tenet Healthcare, parent company of ASC chain Dallas-based United Surgical Partners International, has inked more than $1.8 billion in acquisitions since 2021, Tenet said in its annual report filed with the SEC on Feb. 16. -
TriasMD acquires Thousand Oaks Surgery Center
TriasMD, parent company of Newport Beach, Calif.-based DISC Sports & Spine Center, acquired Thousand Oaks (Calif.) Surgery Center. -
2 medical office building updates in Illinois
Here are two recent updates on medical office buildings in Illinois: -
2 medical office building deals in New York
Here are two recent updates on medical office buildings in New York: -
Physician-owned company acquires 11 practices from Walgreens
Boston-based management company Arches Medical Partners has acquired 11 practices previously owned by Walgreens' VillageMD. -
Arizona ASC sells for $15.4M
An ASC next to East Mesa, Ariz.-based Banner Baywood Medical Center was sold to Omaha, Neb.-based NewStreet Properties, The Mesa Tribune reported March 20. -
3 strategies driving USPI's growth
The growth of Dallas-based United Surgical Partners International in 2023 was driven by acquisitions, organic growth and construction of new centers and strategic partnerships, parent company Tenet Healthcare said in its annual report filed with the SEC on Feb. 16. -
What's happened since Walgreens' $8.9M acquisition of Summit Health
It has been more than one year since VillageMD, majority owned by Walgreens, completed its acquisition of Summit Health-CityMD in January 2023. -
Optum's emergency acquisition of physician-owned clinic approved
Optum, parent company of ASC chain SCA Health, received approval to bypass a state review of its planned purchase of physician-owned Corvallis (Ore.) Clinic, the Oregon Health Authority said March 13. -
USPI acquired 31 ASCs for $149M in 2023
Dallas-based United Surgical Partners International, the largest ASC chain in the country and Tenet Healthcare's ambulatory arm, acquired 20 ASCs in 2023, the health system said in its annual report filed with the SEC Feb. 16. -
Optum looks to fast-track controversial acquisition of physician-owned clinic
Optum, parent company of ASC chain SCA Health and the country's largest employer of physicians, is aiming to fast-track its proposed purchase of the physician-owned Corvallis (Ore.) Clinic. -
Rhode Island medical office building sells for $8.1M
A medical office building in Warwick, R.I., has sold for $8.1 million, according to a March 12 report from Providence Business Journal. -
6K-square-foot Texas medical office sells
A 5,883-square-foot medical office building in Allen, Texas, a suburb of Dallas, has sold, according to a March 11 report from REBusiness Online. -
$209M for the 5 most expensive medical office building deals in 2024
Here are the five most expensive medical office building deals Becker's has reported on since Jan. 1:
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