ASC Transactions & Valuation Issues
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Tenet's $2.4B hospital sale and 2 more industry updates
Here are three healthcare stories from the last week that ASC leaders should know: -
ASC chains by the numbers
ASC chains such as Tenet Healthcare's United Surgical Partners International and Optum's SCA Health are rapidly growing as the industry consolidates. -
Kaiser Permanente acquires DC office building for $198M
Oakland, Calif.-based Kaiser Permanente has acquired 507,237 square feet of medical office space in Washington, D.C., for $198 million, according to a Nov. 20 report from Commercial Property Executive. -
ASCs + hospitals' growing relationship: 5 stats to know
ASC expert group Avanza Healthcare Strategies laid out the growing relationship between hospitals and ASCs in its "Hospital Leadership ASC Survey." -
3 healthcare real estate transactions totaling $73M
Here are three healthcare real estate transactions totaling $73 million that Becker's has reported on since Oct. 30: -
7 AmSurg ASCs named America's best
Seven ASCs affiliated with AmSurg made Newsweek's "America's Best Ambulatory Surgery Centers" list, which ranks 550 of the more than 5,000 Medicare-certified ASCs in the country. -
5 physician-owned practice deals to know
The U.S. physician group market is valued at $292.3 billion in 2023 and is expected to hit $397.1 billion by 2030, according to a report from Fortune Business Insights. -
Rush medical building, ASC acquired in Illinois
Rush Oak Brook (Ill.) Medical Center was acquired by joint venture partners Remedy Medical Properties and Kayne Anderson Real Estate. -
Maryland medical office building sells for $34M
A medical office building in Pikesville, Md., has been acquired for $34 million, according to a Nov. 14 report from the Baltimore Business Journal. -
Amazon, CommonSpirit partner: What ASCs need to know
CommonSpirit Health's Virginia Mason Franciscan Health and Amazon's One Medical have inked a deal to allow CommonSpirit's specialists to provide care to Amazon's primary care patients, according to a Nov. 9 release from the health system. -
Why some hospitals don't have ASCs
Hospitals are showing increasing interest in ASCs, but some are still hesitant, according to the annual "Hospital Leadership ASC Survey," conducted by consulting group Avanza Healthcare Strategies and published Nov. 8. -
35K-square-foot Virginia medical office building sold
A 35,406-square-foot medical office building in Sterling, Va., a nearby suburb of Washington D.C., has sold for an undisclosed price, according to a Nov. 9 report from REBusiness Online. -
ASC ownership is shifting: What leaders need to know
The number of hospital systems that own ASCs are on the rise, according to the annual "Hospital Leadership ASC Survey," conducted by ASC expert group Avanza Healthcare Strategies and published Nov. 8. -
USPI vs. Optum vs. Surgery Partners in Q3: 15 notes
Here are 15 notes from United Surgical Partners International, Surgery Partners and Optum's third quarter financial results: -
4 ASCs listed for sale in New Jersey
Four ASCs between $1.1 million and $3.2 million have been listed for sale in New Jersey, according to data from LoopNet accessed on Nov. 9. -
Surgery Partners in the headlines: 3 notes
Here are three updates on Surgery Partners that Becker's has reported on since Sept. 21: -
Surgery Partners in Q3: 5 financial notes
Nashville, Tenn.-based Surgery Partners reported revenues of $674 million in the third quarter of this year, representing growth of 8.6% year over year. -
Virginia Hospital Center pays $21.5M for ASC, medical office building space
Virginia Hospital Center has paid $21.5 million to acquire a six-story office property in Alexandria, Va., for use as an ASC and medical office building, according to a Nov. 7 report from the Commercial Observer. -
Real estate joint venture snags $75M credit facility
A joint venture between real estate investment, development and advisory firm Sendero Capital and Angelo Gordon, an investing platform, received a $75 million credit facility, Commercial Property Executive reported Nov. 7. -
32K-square-foot medical office building acquired in Minnesota
Montecito Medical has acquired a 32,711-square-foot medical office building in Woodbury, Minn., according to a Nov. 6 report from REBusiness Online.
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