Roseburg, Ore.-based Umpqua Orthopedics will close for patient care Sept. 15, ending more than two decades of orthopedic service in Douglas County, The Roseburg Receiver reported Sept. 11. The practice announced the closure in a notice to patients; a reason…
ASC Transactions & Valuation Issues
Walla Walla, Wash.-based Seleverstov Medical is permanently closing its doors, according to a notice posted on the practice’s website. The practice is asking patients with urgent medical needs to seek care at urgent care clinics or emergency rooms in the…
Hickory, N.C.-based Graystone Eye’s medical outpatient building and ASC has been acquired by Flagship Healthcare Properties, marking the largest single-asset acquisition by purchase price in the history of the company’s private REIT, Flagship Healthcare Trust, according to a Sept. 14…
National Healthcare Properties completed the sale of 30 primarily multi-tenant outpatient medical facilities for $198 million. The transaction represents the first tranche of its previously announced sale of 86 outpatient medical facilities for approximately $528 million, according to a Sept.…
Dallas-based Tenet Healthcare has upsized its previously announced $1.5 billion private senior notes offering to $2 billion, according to a Sept. 8 news release. The health system agreed to issue and sell $2 billion in aggregate principal amount of senior…
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More physician owners of ASCs are looking to partner rather than compete with hospitals, management companies or private equity firms, as rising costs and industry consolidation reshape the ASC landscape. For Terry Bohlke, that shift is the reason his new…
10 hospitals have shuttered or announced closures of key service lines in the last 10 months, labor and delivery, NICUs, home health, ASCs and more, leaving physicians and ASC operators to navigate shifting referral patterns and care gaps in their…
ASCs are in the midst of an active wave of consolidation and outside investment. On Sept. 14, a House Judiciary subcommittee will hold a hearing on healthcare fraud and competition that could inform how that activity is regulated going forward,…
For much of the past decade, ASC dealmaking followed a more straightforward pattern of majority stake acquisitions between a corporate entity and a physician group But a new wave of ASC mergers, acquisitions, joint ventures and other deal structures has…
The FTC’s final order in the Ascension-Amsurg deal is a preview of how the agency plans to police ASC consolidation, even when the numbers involved are small, according to an Aug. 31 client alert from global law firm Cooley. On…