ASC Transactions & Valuation Issues
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$37.2M in medical office building transactions in 10 days
Here are three medical office building transactions totaling $37.2 million that Becker's has reported on since Dec. 5: -
RWJBarnabas closes on $8M property for new ASC
Following four years of negotiations, RWJBarnabas, the parent company of Long Branch, N.J.-based Monmouth Medical Center, has closed on an $8 million facility in Tinton Falls, N.J., that will house an ASC, according to a Dec. 20 report from App. -
Jefferson Health, Independence Blue Cross reaffirm partnership
Philadelphia-based Jefferson Health and insurer Independence Blue Cross renewed their long-term contract to develop care in the region. -
The most interesting physician group deals in 2022
Here are the eight most interesting physician group deals this year: -
$10.8M paid for New Mexico medical office building
A medical office building in Albuquerque, N.M., was acquired by real estate investment company OrbVest for $10.8 million, BizNews reported Dec. 15. -
Montecito Medical acquires 4 medical office buildings leased by eye center
Nashville, Tenn.-based Montecito Medical has acquired a four-building medical office building portfolio totaling 32,000-square-feet with locations in eastern Indiana and western Ohio. -
Bank provides $27.8M in Kansas medical office building portfolio acquisition
CIT, a division of First Citizens Bank, provided $27.8 million for the joint venture acquisition of a medical office building portfolio with properties in Wichita, Kan. -
USPI vs Surgery Partners vs SCA Health: 32 moves in 2022
Dallas-based United Surgical Partners International, Brentwood, Tenn.-based Surgery Partners and Deerfield, Ill.-based SCA Health are three of the biggest ASC chains in the country. -
Optum's $8B+ year of deals: 6 acquisitions to know
Optum, a subsidiary of UnitedHealth Group and parent company of ASC chain SCA Health, made six huge deals this year totaling more than $8 billion, focusing on physician groups and value-based care. -
USPI by the numbers
Here are 10 numbers from Dallas-based United Surgical Partners International, a subsidiary of Tenet Healthcare, according to financial results and the network's website: -
Lincoln Advisors acquires 149,202-square-foot Atlanta medical office building
Dallas-based Lincoln Advisors has acquired the Northwest Medical Center, a 149,202-square-foot, four-story medical office building in Atlanta, according to a Dec. 9 report from ConnectCRE. -
Minnesota medical office building with ASC acquired for $18M
Woodlake Medical Building, a 42,467-square-foot medical office building in Woodbury, Minn., has been acquired by Davis Healthcare Real Estate for $18 million, according to a Dec. 9 report from Commercial Property Executive. -
3 major health systems post billion-dollar losses: What ASC leaders should know
Hospitals and health systems, like ASCs, are being affected by rising labor and supply costs while reimbursements remain low. -
5-property medical office building portfolio in Texas up for lease
MedCore Partners has been tasked by Healthcare Realty Trust with leasing five medical office buildings in the metro Dallas area. The buildings provide space for a variety of healthcare services, including surgery, oncology and orthopedics. -
ASC chains to know going into 2023
Here are eight ASC chains to know going into 2023: -
Optum, Amazon look to physicians: 5 practice deals to know in 2022
Five major physician practice deals to know in 2022: -
CY 2023 Medicare OPPS and ASC Payment System Final Rule
On November 1, 2022, the Centers for Medicare & Medicaid Services (CMS) released the CY 2023 Hospital Outpatient Prospective Payment System (OPPS) and Ambulatory Surgery Center (ASC) payment system policy changes and payment rates final rule. -
California medical office building sells for $8.4M
Family Health Care Centers of San Diego has purchased a medical office property from Magnolia Mar Properties for $8.4 million. The sale of the 25,916-square-foot space was negotiated by Pacific Coast Commercial. -
UnitedHealthcare to pay TeamHealth $10.8M for alleged underpayments: What ASCs need to know
An arbitration panel in Florida has ruled that UnitedHealthcare must pay a TeamHealth clinician group $10.8 million for alleged underpayments from 2017 to 2020. -
19 things to know about USPI going into 2023
Here are 19 things to know about Dallas-based United Surgical Partners International, the industry's largest ASC chain, going into 2023:
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