Small businesses are losing confidence in the U.S. economy amid soaring inflation, supply  chain delays and staff shortages, according to a May 22 Wall Street Journal report.

JLL Income Property Trust acquired a medical office building in Flagstaff, Ariz., for $17.2 million, the property trust said May 25. 

National medical office property owner Montecito Medical finalized the purchase of the Cypress Surgery Center building in Wichita, Kan., on May 25.

A West Des Moines, Iowa, property with a medical office building was purchased by J4North from Warrington-Revell Properties for $2.5 million, Business Record reported May 25.

Private equity-backed practice management company Orthopedic Care Partners is buying an ownership stake in value-based care company ValueHealth's ASC in The Villages, Fla.

Brentwood, Tenn.-based Surgery Partners is one of the largest ASC companies in the U.S., with more than 180 facilities and 4,000 physicians. 

Two California medical office properties were sold by real estate firm Stockdale Capital Partners for $156 million, the Los Angeles Business Journal reported May 23.

Healthcare transactions increased in the last year, with physician medical group deals jumping 119 percent year over year, according to a PwC report. The COVID-19 pandemic stressed many smaller physician-owned practices, and costs to run ASC businesses aren’t likely to drop any time soon.

Becker's has reported on four joint-venture ASC deals recently, including one partially owned by an independent orthopedic physician group.

Here are eight ASC and medical office building transactions totaling $109.7 million that Becker's has reported on in the last 17 days:

Columbia, S.C.-based Prisma Health acquired the Moore Orthopaedic Clinic Outpatient Surgery Center in Lexington, S.C., according to an email shared with Becker's May 18.

A medical office building in Clive, Iowa, was purchased for $1.6 million, Business Record reported May 18.

Global Medical REIT bought a Fairfax, Va., medical office building for $21 million, reported Commercial Observer. 

Nashville, Tenn.-based AmSurg is one of the largest ASC chains in the U.S. with more than 250 surgery centers and 2,000 physicians in 34 states. 

A medical office building in Pennsylvania's Allegheny County  has been sold for $14 million, its seller Colliers, an investment management company, said May 16. 

Durham, N.C.-based Private Diagnostic Clinic has voted to dissolve and join Duke Health, ending a legal dispute alleging Duke was trying to take over the practice, Triangle Business Journal reported May 13. 

Two large health systems revealed plans to merge last week in a blockbuster deal that could signal more transactions to follow for hospitals and surgery centers.

Global commercial real estate group Newark facilitated the sale of the building housing Cypress Surgery Center in Wichita, Kan., Rebusiness Online reported April 28.

Florida is an ASC hot spot, with at least 28 centers opened in 2022. 

A medical office building in Renton, Wash., was sold for $8.3 million, the Daily Journal of Commerce reported May 9.