ASC Transactions & Valuation Issues

General Catalyst led a $95.5 million funding round for a Texas-based physician clinic chain in early January, and a week later the investment firm announced plans to acquire Akron, Ohio-based Summa Health.

United Surgical Partners International is the largest ASC chain in the U.S., making it a major force in the industry.

A 160,000-square-foot medical office building and ASC in Hudson, Wis., has sold to Hammes Partners, according to a Jan. 18 report from Commercial Property Executive.

Aliso Viejo, Calif.-based Nvision Eye Centers has partnered with San Antonio-based ophthalmology group Parkhurst NuVision.

ASCs might just be the golden ticket hospitals have been searching for. 

Five ASC leaders joined Becker's to discuss how a potential economic downturn could affect ambulatory healthcare space growth. 

In 2023, OptumHealth saw 900,000 more patients under value-based care, according to a Jan. 12 call with investors transcribed by Seeking Alpha. 

Optum earned $226.6 billion in total revenue in 2023 — an increase of 22% year over year, according to the company's fourth-quarter financial report. 

Tacoma, Wash.-based MultiCare Health System has made plans to acquire Astria Ambulatory Surgical Center in Yakima, Wash., Yakima Herald-Republic reported Jan. 12.

With 70% of ASCs remaining independent as of 2022, according to a report from VMG Health, consolidation may seem like a fairly distant problem. But as health systems, management companies and private equity firms take interest in ASCs, it may…