There were 245 healthcare mergers and transactions in the second quarter, 7 percent below the deal average last year and 41 percent lower year over year, according to a KPMG report.
ASC Transactions & Valuation Issues
The ASC industry, like the rest of healthcare, is increasingly consolidating.
A 7,190-square-foot medical office building in Dallas has sold, according to an Aug. 9 report from REBusiness Online.
East Lansing-based Michigan State University has purchased two medical office buildings for $48 million, according to an Aug. 8 report from the Lansing State Journal.
A 30,000-square-foot medical office building in Providence, R.I., has been acquired by Sendero Capital and Angelo Gordon, according to an Aug. 4 report from Commercial Property Executive.
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Three of the U.S.' largest payers: Centene, Elevance Health and Humana, each had successful second quarters, seeing larger profits year over year.
Surgery Partners has made several major moves to further it's growth throughout 2023.
Here are nine financial notes from three of the largest ASC chains for the second quarter of 2023:
CVS Health is looking to make some big changes, from job cuts to building more Oak Street clinics.
Here are three deals from Surgery Partners, Optum and AmSurg that Becker's has reported on since May 23: