$30M in ASC transactions in 15 days

Here are three ASC transactions since Nov. 1 totaling more than $30 million:

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1. Baton Rouge, La.-based Our Lady of the Lake Regional Medical Center sold its ASC in the same city for $8.95 million. The Lake Surgery Center was sold to Perkins Plaza Development, represented by orthopedic surgeon Larry “Chip” Bankston, MD.

2. A Youngstown, Ohio-based ophthalmology office and ASC were acquired for $5.8 million. The property housing Lee Eye Center and Surgery Center was purchased by a Bala Cynwyd, Pa.-based LLC.

3. A medical office building in Braintree, Mass., was acquired for $15.1 million. The 47,530-square-foot building was acquired by Anchor Health Properties.

At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.

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