ASC Transactions & Valuation Issues
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Minnesota medical office building acquired for $9.8M
A 32,711-square-foot medical office building in Woodbury, Minn., has been acquired for $9.8 million, according to an Oct. 25 report from Commercial Property Executive. -
Surgery Partners adds NorCal Orthopedic Surgery Center
Management services organization Surgery Partners has partnered with San Ramon, Calif.-based NorCal Orthopedic Surgery Center. -
HCA outpatient revenue jumps 37% while operating income dips
Nashville, Tenn.-based HCA Healthcare reported a 37.4 percent jump in outpatient revenue in the third quarter while its operating income was down 4.1 percent from the previous year. -
The consolidation of physicians: 3 moves to know
Physicians are increasingly moving to employed models – from 2019 to 2021, more than 108,700 physicians left private practice for employment opportunities, according to a report from Avalere. -
Optum's biggest deals of 2023
UnitedHealth Group's Optum has had a busy year. -
96K-square-foot Ohio medical office building sells
A 96,262-square-foot medical office building in Maple Heights, Ohio, has sold, according to an Oct. 25 report from REJournals. -
What to know about Envision's ASC ownership swap
In May, ASC operator and physician services company Envision Healthcare filed for Chapter 11 bankruptcy. As a result of the filing, Envision's ASCs are set to swap owners. -
SurgNet acquires 2 ASCs
New-to-market ASC management and development company SurgNet Health Partners has acquired two ASCs within its first 45 days of funding: Dearborn, Mich.-based Executive Ambulatory Surgery Center and Warren, Ohio-based Lippy Surgery Center. -
Florida medical office building sold for $18.5M
A Coral Gables, Fla.-based medical office building originally constructed in 1954 has sold for $18.5 million, according to an Oct. 20 report from ConnectCRE. -
Physician-owned hospitals could save $1B per year
Physician-owned hospitals saved $1.1 billion in 2019 compared to traditional facilities, according to a recent report analyzing the cost of 20 of the most expensive conditions for Medicare patients. -
Baylor Scott & White, USPI ASC acquired in Texas
Remedy Medical Properties and Kayne Anderson Real Estate acquired Baylor Scott & White Frisco Medical Center in Texas. -
5 healthcare merger and acquisition trends ASCs should know
Mergers, acquisitions and consolidation are a pivotal part of healthcare operations, particularly at ASCs. -
Optum nets $56B in Q3: 5 insights
UnitedHealth Group's Optum division earned $56.7 billion in total revenue in the third quarter of 2023 — an increase of 22% year over year, according to the company's quarterly financial report. -
TriasMD acquires ASC in northern California
TriasMD acquired Pinnacle Surgery Center in Walnut Creek, Calif., according to an Oct. 18 news release. -
4 Connecticut ASCs avoid bankruptcy through ownership swap
Four ASCs in Connecticut have been saved from bankruptcy through a change of ownership, Hartford Business reported Oct. 11. -
California medical office building sells for $8.8M
A medical office building in Upland, Calif., has sold for $8.8 million, according to an Oct. 13 report from REBusiness Online. -
ASC activity heats up in the Northeast
Here are three moves regarding Northeastern ASCs that Becker's has reported on since Sept. 28: -
Kansas hospital closes: What ASCs need to know
ASCs and hospitals are facing economic challenges as inflation and labor costs soar. -
Connecticut ASC, medical building acquired
Sendero Capital and Angelo Gordon have acquired an ASC and outpatient medical building in Torrington, Conn., the Boston Real Estate Times reported Oct. 11. -
UC San Diego Health set to acquire Prime Healthcare medical center
UC San Diego Health in September got the green light from University of California regents to acquire Alvarado Hospital Medical Center in San Diego from Prime Healthcare.
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