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341. TriasMD acquires ASC in northern California
TriasMD acquired Pinnacle Surgery Center in Walnut Creek, Calif., according to an Oct. 18 news release. This is the company's second acquisition in six months. Under the partnership, TriasMD will work ...18 October 2023 -
342. 5 private equity forces dominating the ASC industry
... chain formerly owned by Envision, but will lose ownership when Envision restructures following a bankruptcy declaration. The company acquired Envision in October 2018 for $9.9 billion and Covenant Physician ...17 October 2023 -
343. 5 gastroenterology megadeals disrupting the industry
... enterprise value was estimated around $950 million, according to a 2022 report from VMG Health. The company was previously owned by Audax Private Equity, which acquired Gastro Health in 2016. 3. In ...16 October 2023 -
344. Hoag leases California ASC space
... that IRA Capital acquired in 2021. Hoag's facility will occupy the entire ground floor of the building and include four operating rooms, 11 pre-op and post-op beds and two extended stay units. IRA has ...13 October 2023 -
345. ASC activity heats up in the Northeast
Here are three moves regarding Northeastern ASCs that Becker's has reported on since Sept. 28: 1. A 37,854-square-foot ASC and outpatient medical building in Torrington, Conn., has been acquired by ...13 October 2023 -
346. 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. The deal is the fourth acquisition in Sendero ...11 October 2023 -
347. 6 things to know about the industry's newest MSO
... 2022. In December 2022, it formed financial relationships with three private equity firms. 2. SurgNet acquired its first ASC in August 2023, followed by its second in September. Its ASC partners are ...11 October 2023 -
348. 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. The acquisition is expected ...11 October 2023 -
349. 4-story New York office converting to medical office building
A four-story, 133,768-square-foot office building in Yonkers, N.Y., has been acquired by Simone Development Cos., who plans to repurpose the building into a medical office building, according to an Oct. ...10 October 2023 -
350. 38K-square-foot Connecticut ASC building sold
A 37,854-square-foot ASC and outpatient medical building in Torrington, Conn., has been acquired by Sendero Capital and Angelo Gordon. The transaction is the fourth investment in Sendero and Angelo' ...10 October 2023 -
351. The most powerful women in healthcare
... Lynch, president and CEO of CVS Health, has landed in the top spot. In the last year, CVS Health acquired primary care provider Oak Street Health and home healthcare specialist Signify Health, according ...06 October 2023 -
352. 10 cardiology updates
... Thibodaux Regional Health System. 8. Orlando, Fla.-based Cardiovascular Associates of America added Daytona (Fla.) Heart Group to its physician alliance. 9. Webster, Texas-based CLS Health acquired ...06 October 2023 -
353. 3 recent PE deals shaping the industry
... Private equity group Ascend Capital Partners acquired a majority stake in Seoul Medical Group. With the deal, Ascend will provide the physician-run association with capital and infrastructure, among other ...06 October 2023 -
354. The new forces in the battle to employ physicians
... to add physicians in the last few years. UnitedHealth Group's Optum, the country's largest employer of physicians, is scooping up physician groups. This year, the company acquired Middletown, N.Y.-based ...05 October 2023 -
355. 3 Stark law violations in 2023
... to pay $8.9 million to settle self-reported allegations that it violated Stark law. From January 2013 to July 2018, the company, doing business as U.S. Dermatology Partners, acquired several dermatology ...04 October 2023 -
356. Private equity's new target
Private equity has a new investment target: EHR vendors. Here are three major deals from the last three years to note: 1. This year, EHR vendor NextGen Healthcare was acquired by private equity ...04 October 2023 -
357. USPI-anchored ASC, medical office building acquired
... Commercial Property Executive. The two-story facility, which has floor plates ranging from 18,200 to 20,586 square feet, was acquired by Flagship Healthcare Properties. The building is 96 percent ...02 October 2023 -
358. United Digestive, Gastro Care Partners & more: 13 updates in Q3
... technology through its more than 45 providers across multiple ASCs and practices. Gastro Care Partners tapped Candace Baer as its new chief operating officer. Gastro Health Gastro Health acquired ...29 September 2023 -
359. Illinois medical office building acquired for $60M
A 104,912-square-foot medical office building in Burr Ridge, Ill., has been acquired for $59.95 million. The building, acquired by real estate investment trust Sila Realty Trust, is fully leased to ...29 September 2023 -
360. 6 ASC expansions, acquisitions and mergers in September
... remodeled. 3. Webster, Texas-based CLS Health acquired Southeast Houston Cardiology, further expanding into the Houston area. The acquisition comes shortly after CLS' merger with Clear Lake Cardiovascular ...27 September 2023