ASC Transactions & Valuation Issues

Tenet Healthcare's second quarter net income hit $123 million, according to its financial report published July 31. 

A medical office building portfolio spanning two buildings and 192,363 square feet in Fayetteville, Ga., has sold, according to a July 31 report from REBusiness Online.

In March, Marietta, Ga.-based Wellstar Health System and Augusta (Ga.) University Health System signed a 40-year partnership agreement in which Wellstar agreed to provide $800 million to the university over 10 years, with part of the funding going toward a…

At the end of the second quarter in 2022, Dallas-based Tenet paid $406 million to acquire Dallas-based Baylor Scott & White Health's 5 percent equity position in USPI. 

ASC chains have continued to grow over the past few years — here's how. 

UnitedHealth Group's Optum, parent company of ASC chain SCA Health, based in Deerfield, Ill., has been on a spending spree, making several massive deals in 2023. Brentwood, Tenn.-based Surgery Partners, meanwhile, spent almost $250 million to acquire ASCs last year…

While the ASC industry is largely fragmented, five major groups control a solid chunk of the market share, according to the VMG Health's "2023 Healthcare M&A Report."

Physician staffing firms have been hit by economic pressure and high margins, causing one to file for bankruptcy and another to shut down. 

United Surgical Partners International has more than 475 surgery centers, making it the largest ASC chain. 

From acquisitions to new deals, here is how four major ASC chains have recently gained power.