ASC Transactions & Valuation Issues
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What ASCs need to know about Ascensions' selling spree
St. Louis-based Ascension saw a $3 billion operating loss in fiscal year 2023, and its sustainability strategy includes selling off major hospitals in their system. -
San Antonio medical building changes hands
A 58,000-square-foot medical office building in San Antonio has sold, according to a July 10 report from Commercial Property Executive. -
California medical office building sold for $11.6M
A 37,000-square-foot medical office building in Chula Vista, Calif., was sold for $11.6 million, according to a July 10 report from Commercial Property Executive. -
California building with Sutter Health ASC doubles in price
A four-story medical office building has sold in East Sacramento, Calif., doubling in price in just 13 years, according to a July 8 report from the Sacramento Business Journal. -
North Carolina medical buildings sell for $73M
A Florida-based real estate investment firm has purchased six medical office buildings in Greensboro, N.C., for $73 million, according to a July 2 report from the Triad Business Journal. -
3 medical office buildings changing hands in 1 week
The outpatient care industry has been active in 2024 with practice closures, clinics changing hands and the development of new centers. -
5 numbers on ASC consolidation
Nearly 2,000 ASCs are now partnered with a national operator — indicative of a shifting ownership landscape in the outpatient space. -
Who's dominating the ASC market?
While independent ASCs have a steady hold on the market, with 68.1% of centers being freestanding, big chains continue to grow their market share as healthcare continues to consolidate. -
Walmart health centers officially close: 5 things ASCs need to know
As of June 28, all 51 Walmart health centers have closed. -
New Jersey medical office building sells for $13.5M
A medical office building in Livingston, N.J., has sold for $13.5 million, according to a July 1 report from roi-nj.com. -
Optum, Steward physician group deal called off
Optum, parent company of ASC chain SCA Health, has called off its plan to acquire financially troubled Steward Health Care's 1,700-physician group, The Boston Globe reported June 27. -
Stamford signs Connecticut medical building lease
Stamford (Conn.) Hospital's corporate parent, Stamford Health, has signed a lease for a 65,667-square-foot medical office building, according to a June 26 report from the Stamford Advocate. -
Florida neurologist acquires medical building
Florida-based neurologist Kester Nedd, MD, has acquired a Miami Lakes-based medical office building for $15 million, according to a June 7 report from the South Florida Business Journal. -
5 deals disrupting the ASC industry
Here are five deals shaping the ASC industry that Becker's has reported on in 2024: -
Massachusetts medical office building sells for $24M
A medical office building in Wellesley, Mass., has sold for $24.3 million, according to a June 21 report from ConnectCRE. -
Largest ASC chains by number of physicians
Tenet Healthcare's United Surgical Partners International is the largest ASC chain in the country both by centers and number of physicians. -
Novant-CHS deal called off: What ASCs need to know
Winston-Salem, N.C.-based Novant Health called off its planned $320 million acquisition of two North Carolina hospitals from Community Health Systems. -
What's new with Rite Aid?
After filing for bankruptcy in October, Rite Aid has since made several moves to close clinic locations and restructure leadership. -
Optum, HCA, Tenet fight for ASC market share
Although the ASC industry is largely fragmented, big players like Tenet Healthcare, HCA Healthcare and Optum are chipping away at ownership as procedures migrate to the outpatient setting. -
10 healthcare bankruptcies to know
Healthcare bankruptcies spiked in 2023 as debt levels and interest rates rose.
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