ASC Transactions & Valuation Issues

Here are three healthcare stories from the last week that ASC leaders should know:

ASC chains such as Tenet Healthcare's United Surgical Partners International and Optum's SCA Health are rapidly growing as the industry consolidates.

Oakland, Calif.-based Kaiser Permanente has acquired 507,237 square feet of medical office space in Washington, D.C., for $198 million, according to a Nov. 20 report from Commercial Property Executive. 

ASC expert group Avanza Healthcare Strategies laid out the growing relationship between hospitals and ASCs in its "Hospital Leadership ASC Survey."

Here are three healthcare real estate transactions totaling $73 million that Becker's has reported on since Oct. 30: 

Seven ASCs affiliated with AmSurg made Newsweek's "America's Best Ambulatory Surgery Centers" list, which ranks 550 of the more than 5,000 Medicare-certified ASCs in the country.

The U.S. physician group market is valued at $292.3 billion in 2023 and is expected to hit $397.1 billion by 2030, according to a report from Fortune Business Insights.

Rush Oak Brook (Ill.) Medical Center was acquired by joint venture partners Remedy Medical Properties and Kayne Anderson Real Estate. 

A medical office building in Pikesville, Md., has been acquired for $34 million, according to a Nov. 14 report from the Baltimore Business Journal. 

CommonSpirit Health's Virginia Mason Franciscan Health and Amazon's One Medical have inked a deal to allow CommonSpirit's specialists to provide care to Amazon's primary care patients, according to a Nov. 9 release from the health system.