The healthcare industry is increasingly consolidating as operation costs soar — physicians are migrating to employed models and private practices are being bought up by larger entities.
ASC Transactions & Valuation Issues
Premier Health is opening a 15,000-square-foot medical office building in Xenia, Ohio, according to a Nov. 22 report from the Dayton Daily News.
A medical office building in Chattanooga, Tenn., has sold to a real estate private equity firm for $7.4 million, Times Free Press reported Nov. 21.
Surgery Partners has snagged an $800 million equity offering, the Brentwood, Tenn.-based ASC chain said Nov. 21.
A 51,357-square-foot medical office building in Geneseo, N.Y., has sold for $15.9 million, according to a November report from Rebusiness Online.
Here are five Amazon updates since Oct. 31:
ASCs often struggle to compete with larger health systems and practices for patients and contracts, but some are looking to technology to access economies of scale in the coming months.
Deerfield, Ill.-based SCA Health now has 9,200 physicians in its network, up from 8,500 reported by Becker's in February.
Dallas-based United Surgical Partners International, subsidiary of Tenet Healthcare, is the largest ASC chain in the country by centers and number of physicians.
Here are three ASC transactions since Nov. 1 totaling more than $30 million:
