ASC Transactions & Valuation Issues

Certificate of need legislation makes a big difference for surgery center development.

Nashville, Tenn.-based HCA Healthcare is one of the largest ASC companies in the country. 

Dallas-based United Surgical Partners International and SCA Health are two of the largest ASC chains, with more than 475 and 320 ASCs, respectively. 

SCA Health, an affiliate of Optum, has had a slow year of ASC activity since the company rebranded last May and expanded its focus beyond surgery centers.

MedVanta, the largest physician-owned musculoskeletal management services organization in the nation, is partnering with Physicians Surgery Center of Frederick, according to a July 6 news release.

The ASC industry is slowly consolidating, and five major moves in the last year point to how the industry is shifting. 

A 10,000-square-foot medical office building in East Windsor, N.J., has sold for $2.95 million, according to a July 6 report from roi-nj.com. 

Five ASCs have said they would close their doors this year, citing low patient volumes, financial strain and more.

United Surgical Partners International has more than 475 surgery centers, the most of any ASC chain. 

Surgery center chains have consolidated in the last decade to five mega-companies and a handful of small regional chains with growth prospects simmering.