ASC Transactions & Valuation Issues
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Amazon finalizes $3.9B One Medical acquisition: 4 things ASCs need to know
Amazon completed its $3.9 billion acquisition of primary care company One Medical. -
$5.6M paid for Colorado medical office building
A medical office building in Erie, Colo., was acquired by a private real estate company for $5.6 million, REBusiness Online reported Feb. 21. -
Optum to add LHC Group in $5.4B deal: 4 notes
UnitedHealth Group closed the multimillion-dollar deal to acquire home health and hospice company LHC Group Feb. 22, according to an SEC filing. -
Healthcare's 10 biggest investors in 2022: What ASCs need to know
Private equity firm Shore Capital Partners made 61 healthcare-related deals in 2022, according to investment data company PitchBook. -
USPI vs. SCA Health vs. HCA Healthcare: Who had the highest revenue in 2022?
Dallas-based United Surgical Partners International, Nashville, Tenn.-based HCA Healthcare and Deerfield, Ill.-based SCA Health are three of the largest ASC operators in the country. -
Senator argues for physician-owned hospitals
Sen. James Lankford, R-Okla., teamed with Brian Miller, MD, an assistant professor of medicine at the Johns Hopkins University School of Medicine, to pen a column for The Wall Street Journal calling for an end to the ban on physician-owned hospitals. -
USPI to inject $250M into ASC acquisitions
Dallas-based Tenet Healthcare, parent company of ASC chain United Surgical Partners International, will pump $250 million into ASC mergers and acquisitions, the company said Feb. 9 during its fourth-quarter earnings call transcribed by Seeking Alpha. -
10K-square-foot medical office building listed for sale in New Jersey
A long-term leased 10,000-square-foot medical office building in East Windsor, N.J., has been listed for sale, according to a Feb. 17 report from roi-nj.com. -
'A very troublesome expansion': How CVS Health's $10.6B acquisition could affect ASCs
CVS Health recently confirmed it will acquire primary care company Oak Street Health in an all-cash deal worth $10.6 billion. -
3 ASC, outpatient closures to know
Here are three ASC and clinic closures to know since Jan. 30: -
Capitol Pain Institute acquires 5-location pain management group
Capitol Pain Institute, a national pain management clinic and ASC network based in Austin, Texas, has acquired Bloomington, Ind.-based Wellspring Pain Solutions. -
Is time running out for small ASCs?
Although the ASC industry remains fragmented, some leaders are worried about the viability of independent ASCs amid an increasingly consolidated healthcare landscape. -
Strengthen 3 key ASC growth strategies with revenue cycle outsourcing
ASCs striving for growth should perform three essential processes — benchmarking, monitoring and auditing — often in conjunction with one another. Internal benchmarking helps an ASC determine whether it’s achieving its targeted levels of growth. External benchmarking helps an ASC determine whether its performance is in line with, below or exceeding similar surgery centers. Monitoring performance and growth efforts helps an ASC more quickly identify any undesirable changes that can slow or even reverse growth. Auditing an ASC’s performance, including key performance indicators, helps paint a clearer picture of exactly how well the center is performing and growing. A good audit will pinpoint areas for potential improvement. -
How USPI's $1.2B acquisition of SurgCenter Development is unfolding
Dallas-based Tenet Healthcare, parent company of ASC chain United Surgical Partners International, announced it would acquire SurgCenter Development and its more than 90 ASCs for approximately $1.2 billion in November 2021. -
The 4 ASC specialties primed for acquisition
Alejandro Fernandez, CEO of Synergy Orthopedic Specialists in San Diego, recently spoke with Becker's to discuss the ASC consolidation trends he is monitoring. -
Connecticut investors acquire medical office building for $2.47M
Two Waterbury, Conn.-based real estate investors have purchased a 13,871-square-foot medical office building in Torrington, Conn., for $2.47 million, according to a Feb. 13 report from the Hartford Business Journal. -
South Carolina medical office building acquired for $48M
A medical office building in Columbia, S.C., was acquired by real estate firm Montecito Medical for $48 million, Commercial Property Executive reported Feb. 14. -
Kaiser Permanente posts $4.5B loss in 2022: 5 things ASCs need to know
Oakland, Calif.-based Kaiser Permanente reported a loss of $4.5 billion in 2022, according to financial results the health system released Feb. 10. -
ASCs in 2022: A Year in Review
2022 saw a continuation of 2021 trends as the healthcare industry further rebounded from the coronavirus (COVID-19) pandemic. The Ambulatory Surgery Center (ASC) subindustry largely recovered in 2021, but certain specialties that lagged in 2021 saw a further recovery in 2022. -
Pennsylvania medical office building with ASC, GI practice acquired
A medical office building in Bensalem Township, Penn., has been acquired by real estate firm Montecito Medical.
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