ASC Transactions & Valuation Issues

New York City-based NYU Langone has paid $33 million for a property in West Palm Beach, Fla., where it plans to build a medical office building, according to a Feb. 10 report from the Palm Beach Post. 

Tenet Healthcare's ASC chain, Dallas-based United Surgical Partners International, continues to spur the company's growth, according to a Feb. 8 earnings call transcribed by Seeking Alpha. 

Here are two big-ticket acquisitions pointing toward further consolidation within the ASC industry:

Kings Row Medical Properties has acquired a medical building with two ASCs in Bridgewater, N.J., for $10.5 million, Bnn reported Feb. 8.

Tenet's ambulatory business segment United Surgical Partners International saw big growth throughout 2023. 

Tenet Healthcare saw major growth in the fourth quarter of 2023.

Optum, the country's largest employer of physicians and parent company of ASC chain SCA Health, is focusing on a different type of growth: hiring employees instead of building facilities. 

Tenet Healthcare, parent company of ASC chain United Surgical Partners International, has sold off several assets since the beginning of the year, including seven hospitals and three ASCs. 

Here are four major deals from three of the largest ASC operators in the country so far in 2024:

Orange, Calif.-based UCI Health entered into a definitive agreement to acquire Dallas-based Tenet Healthcare's Pacific Coast Network, which consists of four hospitals and two ASCs across Southern California.