ASC Transactions & Valuation Issues
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'Time to bring in the suits': Will independent ASCs fade away?
Some ASCs are having to forgo independence, looking to hospital and management company partnerships to handle skyrocketing operating costs. -
USPI's earnings in 2023: A breakdown
Here is a look at how Dallas-based ASC-operating behemoth United Surgical Partners International has performed financially in 2023 thus far: -
Orlando Health buys land for new medical office building
Orlando Health has purchased property in Lake Mary, Fla., near its upcoming hospital to construct a 28,000-square-foot medical office building, according to a Dec. 9 report from the Orlando Business Journal. -
Optum looks to physicians: 3 key moves in 2023
Optum, the largest employer of physicians in the country, has doubled down on its physician acquisition strategy in 2023. -
7 ASC ownership shakeups
A handful of ASCs have changed hands in 2023, due to factors including health system bankruptcy filings. -
CVS Health rebrands: What it means for physicians
CVS Health, one of the country's largest employers of physicians, has rebranded its healthcare delivery services. -
1 bankrupt hospital, 11 EDs & 3 Texas hospitals: HCA's spending moves
Nashville, Tenn.-based HCA Healthcare, one of the country's largest operators of ASCs, is on a spending spree – inking three deals in the last week. -
10 healthcare acquisitions in November
Here are 10 acquisitions of ASCs and medical buildings that occurred last month, as reported by Becker's in November: -
Central Maine Health attempting to acquire full ownership of its ASC
Central Maine Health Ventures, a subsidiary of Auburn-based Central Maine Healthcare, is attempting to acquire full ownership of its ASC, Central Maine Orthopaedics Ambulatory Surgical Center in Auburn, according to a Dec. 1 report from the Sun Journal. -
2023 a year of change for AmSurg
ASC chain AmSurg has undergone a metamorphosis in 2023. -
3 major practice, care center closures in November
Here are three major practice and care center closures on which Becker's reported in November: -
Tampa General Hospital closes purchase of 2 ASCs
Tampa (Fla.) General Hospital has completed the $290 million purchase of Bravera Health properties in Citrus and Hernando from Community Health Systems, which include two ASCs, according to a Dec. 1 report from Health News Florida. -
A big year for Surgery Partners
With a year filled with deals, partnerships and acquisitions, ASC chain Surgery Partners has been anything but passive in 2023. -
New Jersey medical office building expands tenancy
Atkins Companies has signed tenancy agreements with three medical practices at its West Orange, N.J.-based Washington Medical Arts Building, moving closer to filling its 70,000 square feet of space, according to a Nov. 29 report from NJBiz. -
First Citizens Bank supplies $99.3M in financing for medical, GI facilities
Healthcare Finance, a First Citizens Bank business, has helped facilitate two medical office building transactions totaling $99.3 million. -
Optum adds 20,000 physicians in 2023
Optum now has nearly 90,000 employed and affiliated physicians, CEO Amar Desai, MD, said during a presentation at UnitedHealth Group's 2023 investor conference on Nov. 29. -
Illinois medical office buildings sold
A two-building medical office portfolio in Libertyville, Ill., has been acquired by an affiliate of Stage Equity Partners, according to a Nov. 29 report from Commercial Property Executive. -
What ASCs should consider when partnering with private equity
At the Becker's 29th Annual ASC Meeting: The Business and Operations of ASCs, Dana Jacoby, president and CEO of Vector Medical Group, and Gary Herschman, partner and co-chair of the healthcare transactions group at Epstein Becker & Green, discussed the consolidation in the healthcare industry, particularly in ASCs and physician groups. -
5 moves that shook up the ASC industry in 2023
From Optum acquisitions to a CMS rule, here are five major moves that shook up the ASC industry in 2023: -
33K-square-foot Indiana medical office building sold
A 33,000-square-foot medical office building in Carmel, Ind., has been acquired by Echo Real Estate for an undisclosed price, according to a Nov. 22 report from REBusiness Online.
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