ASC Transactions & Valuation Issues

Here are the biggest ASC deals in November:

Private equity firm Thomas Park Investments has acquired a medical office building in Lower Pottsgrove Township, Pa., WFMZ reported Dec. 1.

Here are 8 medical office building transactions Becker's reported on in November:

Nine ASCs in New York City, the country's largest city, and eight ASCs in Houston, the country's fourth largest city, made Newsweek's "America's Best Ambulatory Surgery Centers," which ranks 510 of the more than 5,000 Medicare-certified ASCs in the country.

A joint venture between AEW Capital Management and Flagship Healthcare Trust has acquired eight ASCs across seven states, the company said in a Nov. 30 news release shared with Becker's. 

As procedures migrate to the outpatient setting, ASC leaders are seeing cardiology and orthopedics as huge opportunities for growth. 

Indianapolis-based Shore Terrace Medical Center's medical office building was acquired under a partnership between Indianapolis-based Urban Growth Capital, BrightPoint Real Estate and Chicago-based North Companies.

The demand for lithotripsy procedures is expected to increase in the coming years. This expected increase is supported by a review of the Global Lithotripsy Devices Market.

An office and medical park in Wayne, N.J., was sold for $22.25 million, roi-nj.com reported Nov. 28.

Loma Starr, a two-building office and medical office property in San Diego, was sold for $7.4 million, REBusiness Online reported Nov. 28.