Six medical office buildings totaling 145,308 square feet in Florence, Fort Mitchell, Crittenden, Walton, Alexandria and Butler have sold, according to a Feb. 19 report from REBusiness Online.
ASC Transactions & Valuation Issues
The fragmentation of the ASC market is primed for acquisitions at the individual facility level, according to a January report from VMG Health.
Provider credentialing is a critical yet often overlooked element to successful revenue cycle management (RCM). Across the healthcare industry, there is a lack of awareness about how an efficient, accurate credentialing system can streamline medical practices’ RCM workflows and assist…
Achieving financial success in an ASC has become more difficult in recent years, with a growing list of challenges threatening and straining the bottom line. With less room for error, surgery centers are seeking solutions that can help them better…
A Midland, Mich.-based building housing the Great Lakes Bay Surgery & Endoscopy Center has sold for $9.8 million, according to a Feb. 16 report from REBusiness Online.
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Although 68% of the ASC market remains independent, the industry saw continued consolidation in 2023, according to a recent report from VMG Health.
The net inflation adjustment for ASCs is 3.1% in 2024, a full percentage point higher than the average since 2015.
It's been nearly one year since Amazon finalized its $3.9 billion acquisition of virtual and in-person primary care company One Medical.
The number of centers under management by the five largest ASC management companies has seen a compound annual growth rate of 4.85% since 2011, according to a February report from VMG Health.
The percentage of ASCs that are independent shrunk from 70% to 68% from 2022 to 2023, according to a February report from VMG Health.