Outpatient Surgery Center of Hilton Head sells for $8M: 4 takeaways

After being listed for sale Oct. 17, the Outpatient Surgery Center of Hilton Head sold for $8 million, Palmetto Business Daily reports.

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Here’s what you need to know.

1. The center was built in 2004 and is 19,729 square feet.

2. The center has two operation rooms, two procedure rooms and two endoscopy suites.

3. The $405.49 price per square foot was a record for the medical office building.

4. The center was sold to a private investor.

More transaction/valuation news:
CHI St. Luke’s pursues ASC expansion plans in Houston, acquires & rebrands Woodlands Ambulatory Surgery Center — 4 key takeaways
Analysts give SCA a $53.15 price target — 6 notes
Arcadia Outpatient Surgery Center sells 83.3% of $228k offering; files form D — 3 facts

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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