ASC Transactions & Valuation Issues
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Physician-owned clinic pays $3.3M for undeveloped lot
Physician-owned BayCare Clinic in Green Bay, Wis., purchased more than 25 acres of undeveloped land for $3.3 million, the Green Bay Press Gazette reported Nov. 3. -
3 disruptors scooping up physicians
Here are three disruptors that have made strides in the consolidation of physicians in the last year: -
2 Texas cardiology centers expected to close, lay off 30
Two San Antonio-based cardiovascular centers owned by Peripheral Vascular Associates will likely shut down, according to two Oct. 25 letters to the Texas Workforce Commission shared with Becker's. -
$10B+ for Optum's 3 most expensive deals in 2023
Three of Optum's most expensive deals in 2023 total more than $10.2 billion. -
118K-square-foot Texas medical office building acquired
A 118,472-square-foot medical office building in Richardson, Texas, has been acquired by healthcare investor Big Sky Medical, according to a Nov. 2 report from the Commercial Property Executive. -
The deals shaking up the ASC industry
Here are three deals from major ASC chains that have closed or are on the horizon that are shaking up the industry: -
Oregon Health Authority approves AmSurg's takeover of 5 ASCs
The Oregon Health Authority has approved a material change transaction that will transfer ownership of five ASCs in the state from Envision Healthcare to its ASC-focused subsidiary AmSurg. -
ASC optimization: How litigated claims & personal injury patients can generate new revenue
The number of specialty ASCs owned by physician practice groups or investors has grown in recent years — and this trend is only expected to continue. Unfortunately, many of these organizations are struggling with declining reimbursements from government and commercial payers. -
USPI in the headlines: 3 notes
Here are three recent updates on Dallas-based United Surgical Partners International, Tenet Healthcare's ASC chain, that Becker's has reported on since Oct. 18: -
Healthcare real estate firms merge in $21B deal
Two major healthcare real estate firms, Milwaukee, Wis.-based Physicians Realty Trust and Denver-based Healthpeak Properties, announced plans to merge in a deal valued at $21 billion. -
USPI revenue jumps 16.7%: 6 notes
Dallas-based United Surgical Partners International, Tenet Healthcare's ASC chain, hit $941 million in third-quarter operating revenue, an increase from $806 million the year prior, according to financial results released Oct. 30. -
Arizona building housing pain institute acquired
A medical office building in Tucson, Ariz., housing the Pain Institute of Southern Arizona has been acquired by Montecito Medical. -
What hospitals closures mean for physicians
Seven physician leaders joined Becker's to discuss how increasing hospital closures and service line cuts are — or are not — affecting physicians. -
USPI has 30 de novo ASCs in pipeline, sees 'consistently positive' M&A environment
Dallas-based United Surgical Partners International, part of Tenet Healthcare, had a successful third quarter with continued service line and revenue growth. -
Mergers, acquisitions and bankruptcy: 8 ASC transactions you might have missed in October
From bankruptcy filings to management company acquisitions, here are eight major ASC transactions Becker's has reported on in the last 30 days: -
Community Healthcare Associates buys former Vonage headquarters for $17.5M
Community Health Associates affiliate 23 Main Street Propco has purchased the former headquarters of telecommunications company Vonage in Holmdel, N.J., for $17.5 million, according to an Oct. 30 report from APP. -
Amazon's prescription drones & 3 more updates
Online commerce giant and healthcare disruptor Amazon has made huge moves in healthcare recently. -
HCA 'unfavorably impacted' by its physician staffing deal: 5 things ASCs should know
Nashville, Tenn.-based HCA Healthcare's third-quarter financial results were "unfavorably impacted" by its physician staffing joint venture, CEO Sam Hazen said during an Oct. 24 earnings call transcribed by Seeking Alpha. -
Physician-owned hospitals by the numbers
Physician-owned hospitals have recently been the target of resistance from major hospital groups as lawmakers push a bill that would repeal the Affordable Care Act's restrictions on POHs. -
3 medical office buildings sell for a total of $87.25M
Here are three medical office buildings that have recently sold for a total of $87.25 million:
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