The real estate of Fort Myers, Fla.-based Gladiolus Surgery Center has sold for $4.6 million, Business Observer Florida reported Feb. 19. Prime Healthcare Properties, a Dallas-based real estate investment firm, purchased the 7,315-square-foot building. CBRE, who represented Prime in the…
ASC Transactions & Valuation Issues
Greenville, S.C.-based Prisma Health and Atlas Healthcare Partners have formed a joint venture to develop and operate more than 15 ASCs across South Carolina, southeastern Tennessee and surrounding regions, according to a Feb. 19 news release. The partnership will combine…
Louisville, Ky.-based Kumar Eye Institute has acquired a medical office building in Louisville for $2.5 million, according to a Feb. 12 report from WDRB. The 17,000-square-foot building is partially leased to JenCare Senior Medical Center. The current tenant will remain…
Winston-Salem, N.C.-based Novant Health is accelerating its outpatient strategy as it builds out a 25-center ASC network designed to shift volume out of hospitals and closer to patients. Leslie Barrett, BSN, RN, senior vice president of ambulatory surgery strategy and…
New Hyde Park, N.Y.-based Northwell Health has purchased a medical office property in Merrick, N.Y., for $9.5 million, according to a Feb. 18 report from Long Island Business News. The office is occupied by Northwell affiliate Orlin & Cohen Orthopedic…
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There were 148 deals involving outpatient care providers in 2025, including 119 add-on acquisitions, seven leveraged buyouts and 22 growth or expansion investments, according to a report from the Private Equity Stakeholder Project. Dermatology and eye care led all outpatient…
Deerfield, Ill.-based SCA Health, Optum’s ASC arm, is one of the largest ASC operators in the country and has steadily expanded its footprint through joint ventures with hospitals and health systems. As of late 2024, Optum’s subsidiaries include 423 ASCs,…
Austin, Texas-based St. David’s HealthCare has acquired Cardiothoracic and Vascular Surgeons Feb. 15. St. David’s HealthCare comprises nine hospitals, 190 care sites and more than 12,600 employees. It’s a partnership between Nashville, Tenn.-based HCA and two local nonprofits, the St.…
In early February, Ortho Rhode Island began offering Stryker’s Mako SmartRobotics for reverse shoulder replacement procedures at the Ortho RI Surgery Center, becoming the first ASC in the state to do so. Michael Bradley, MD, president and CEO of Ortho…
Tenet Healthcare’s United Surgical Partners International remains the largest ASC company in the U.S., with 520 centers in its portfolio, according to VMG Health’s annual ASC industry report published Feb. 3. Here is a breakdown of the five largest ASC…