ASC Transactions & Valuation Issues

ASC management services provider AmSurg has acquired ownership interest in Salem, Ore.-based River Road Surgery Center. 

Investment firm Värde Partners and medical office real estate investment firm Unity Medical Properties have partnered to acquire a surgery center in Palm Beach Gardens, Fla., for $14.5 million, according to a July 29 report from The Real Deal.

Nashville, Tenn.-based HCA Healthcare saw outpatient surgery volume decline for the second consecutive quarter because of lower Medicaid and self-pay volumes, executives explained in a July 23 earnings call transcribed by Seeking Alpha.

ASCs are a component of St. Louis-based Ascension plans for growth amid a $3 billion operating loss in fiscal 2023. 

Optum, the country's largest employer of physicians and parent company of ASC chain SCA Health, has revealed plans to shutter several clinics so far in 2024. 

Burlington-based University of Vermont Medical Center received approval to purchase a medical campus owned by Covenant Health in Colchester for $17.3 million, VermontBiz reported July 26.

Walmart and other retail companies' efforts to use a big box formula in healthcare have not gone as planned, The Wall Street Journal reported July 5. 

St. Louis-based Ascension saw a $3 billion operating loss in fiscal 2023 and has since taken action to sell a number of facilities across the country to recover. 

Humana plans to open primary care clinics at 23 locations that formerly housed Walmart Health. 

Tenet Healthcare's ASC arm United Surgical Partners International has seen skyrocketing growth in the last five years, becoming the largest ASC chain in the U.S.by number of centers and physicians.