Average physician compensation has declined by 2.4 percent in 2022, compared to a 3.8 percent increase in 2021, according to Doximity's 2023 "Physician Compensation Report."
ASC Transactions & Valuation Issues
The last remaining asset of the shuttered pain management practice and surgery center chain Advanced Pain Management, a 10,000-square-foot medical office building in Racine, Wis., has sold for twice the court-approved minimum bid.
Charlottesville, Va.-based healthcare real estate company Anchor Health Properties has acquired a two-story medical office building in Grove City, Ohio, for $10.2 million, according to a March 24 report from Columbus Business First.
There were 227 dental transactions in 2022, according to data cited in VMG Health's 2023 mergers and acquisitions report, released March 21.
Montecito Medical acquired the property housing Baylor Scott & White Surgicare at Granbury (Texas), according to a March 22 news release.
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A Greensboro, N.C., medical office building has been sold for $1.65 million by Althea Truesdale of Greensboro, according to a March 21 report from the Winston-Salem Journal.
Although private equity deal activity in the ASC industry has remained relatively consistent over the last six years, investors have changed their spending patterns in response to the changing scope of care, according to a report by healthcare finance company…
ASC chains are looking to higher-acuity procedures over other growth strategies to facilitate revenue boosts, according to VMG Health's 2023 mergers and acquisitions report released March 21.
Physician group deals remained at elevated levels throughout 2022, according to VMG Health's 2023 mergers and acquisitions report released March 21.
Phoenix-based Banner Health has sold a medical office building in Peoria, Ariz., for $29 million to healthcare property manager Montecito Medical Real Estate, according to a March 17 report from Phoenix Business Journal.