Outpatient care remains one of healthcare’s hottest investment targets in 2026. From new multimillion-dollar ASC builds to joint venture partnerships, these moves signal continued confidence in the shift toward ambulatory care settings. Here are some of the largest investments being…
ASC Transactions & Valuation Issues
Tenet’s ASC arm, United Surgical Partners International, is positioning itself for a new growth runway as Medicare begins phasing out its inpatient-only list in 2026, a policy shift the company said will gradually expand the number of higher-acuity procedures moving…
Optum, UnitedHealth Group’s healthcare services arm, is closing Family Medical Group Northeast, a clinic in Portland, Ore., according to a Feb. 11 report from Willamette Week. The clinic, which has provided care for more than 30 years, was acquired by…
Tenet Healthcare’s United Surgical Partners International had an “active year” in 2025, investing nearly $350 million and adding 35 facilities to its ambulatory portfolio, CEO Saum Sutaria, MD, said during the company’s fourth-quarter earnings call Feb. 11. “The pipeline for…
Winston-Salem, N.C.-based Novant Health has approved plans for a multi-year facility expansion in Wilmington, N.C., including a second outpatient heart and vascular building and upgrades to surgical and endoscopy services. The plans include an 80,000-square-foot heart and vascular medical office…
Hershey, Pa.-based Penn State Health has become the sole owner of the Surgery Center of Lancaster (Pa.). According to a Feb. 11 news release, Penn State took over the ASC Jan. 1. Previously the health system held 60% majority ownership…
A portfolio of two ASCs and medical outpatient buildings totaling 65,0540 square feet in Katy, Texas, and Orem, Utah, was sold to Montecito Medical Real Estate. CBRE facilitated the sale of the HCA Surgery Center Portfolio and served as exclusive…
State efforts to tighten corporate practice of medicine rules may be unintentionally accelerating consolidation by making it harder for independent physicians to compete with hospitals, according to a new issue brief from the Pacific Research Institute. The U.S. physician market…
Dallas-based United Surgical Partners International, Tenet Healthcare’s ASC arm, reported $5.2 billion in net operating revenues for 2025, a 14.1% increase from $4.53 billion in 2024, according to Tenet’s earnings release published Feb. 11. Here are 10 things to know:…
The 10 most-performed ASC procedures accounted for a significant share of total Medicare dollars in both 2025 and projected 2026, with cataract surgery alone representing nearly one-fifth of all ASC Medicare payments, according to a 2025 report from VMG Health.…
