$1.2B for 5 of 2024’s biggest-budget outpatient acquisitions

Here are five of the most expensive outpatient medical facility acquisitions reported by Becker’s in 2024 so far, with price tags totaling more than $1.2 billion:

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1. Dallas-based Tenet Healthcare, parent company of ASC giant United Surgical Partners International, completed the sale of four hospitals and two ASCs in Southern California to UCI Health for a total of $975 million. The ASCs acquired by Orange, Calif.-based UCI Health are Pacific Endoscopy & Surgery Center in Mountain Valley and Reagan Street Surgery Center in Los Alamitos.

2. Eight medical office buildings in Raleigh, N.C., sold for $79.4 million to two separate buyers — Evergreen Medical Properties and Northwood Ravin. Evergreen purchased seven of the facilities. 

3. Oakland, Calif.-based Kaiser Foundation Health Plan purchased a medical office building in Santa Clarita, Calif., for $67 million.

4. Big Sky Medical acquired Blackhawk Medical Center, a three-story, 252,000-square-foot medical office building in Phoenix, for $46 million.

5. A Florida-based real estate company purchased a Brownsburg, Ind.-based medical office building for $39 million. The space is fully leased to Community Health Network Rehabilitation Hospital West — a joint venture between Indianapolis-based Community Health Network and Lifepoint Rehabilitation, a business unit of Brentwood, Tenn.-based Lifepoint Health.

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.

Register to Attend Webinar

Is ambulatory care healthcare’s big margin engine? 4 leaders weigh in

Wednesday, July 29
1:00 PM - 2:00 PM CDT

Presenters: Joe Ganley, athenahealthJeffrey Flynn, CASC, Gramercy Surgery CenterBryan Tsao, Access Center, Loma Linda University HealthJason Zepeda, Northridge Hospital Medical Center, CommonSpirit HealthGreg DeConciliis, PA-C, CASC, Boston Out­Patient Surgical Suites

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