ASC Transactions & Valuation Issues

UnitedHealth Group closed the multimillion-dollar deal to acquire home health and hospice company LHC Group Feb. 22, according to an SEC filing.

Private equity firm Shore Capital Partners made 61 healthcare-related deals in 2022, according to investment data company PitchBook.

Dallas-based United Surgical Partners International, Nashville, Tenn.-based HCA Healthcare and Deerfield, Ill.-based SCA Health are three of the largest ASC operators in the country. 

Sen. James Lankford, R-Okla., teamed with Brian Miller, MD, an assistant professor of medicine at the Johns Hopkins University School of Medicine, to pen a column for The Wall Street Journal calling for an end to the ban on physician-owned…

 Dallas-based Tenet Healthcare, parent company of ASC chain United Surgical Partners International, will pump $250 million into ASC mergers and acquisitions, the company said Feb. 9 during its fourth-quarter earnings call transcribed by Seeking Alpha.

A long-term leased 10,000-square-foot medical office building in East Windsor, N.J., has been listed for sale, according to a Feb. 17 report from roi-nj.com.

CVS Health recently confirmed it will acquire primary care company Oak Street Health in an all-cash deal worth $10.6 billion.

Here are three ASC and clinic closures to know since Jan. 30:

Capitol Pain Institute, a national pain management clinic and ASC network based in Austin, Texas, has acquired Bloomington, Ind.-based Wellspring Pain Solutions.

Although the ASC industry remains fragmented, some leaders are worried about the viability of independent ASCs amid an increasingly consolidated healthcare landscape.