ASC Transactions & Valuation Issues

Baton Rouge, La.-based Our Lady of the Lake Regional Medical Center sold its ASC in the same city for $8.95 million, The Advocate reported Nov. 11.

Dallas-based United Surgical Partners International, Brentwood, Tenn.-based Surgery Partners and Optum, parent company of ASC chain SCA Health, all reported revenue gains in the third financial quarter. 

In November 2021, Dallas-based Tenet Healthcare, parent company of ASC chain United Surgical Partners International, said it would acquire SurgCenter Development and its more than 90 ASCs for approximately $1.2 billion. 

Brentwood, Tenn.-based Surgery Partners raked in $620.6 million during the third quarter, according to financial results posted Nov. 8.

Oakland, Calif.-based Kaiser Permanente reported a net loss of $1.5 billion for the third quarter. 

A Youngstown, Ohio-based ophthalmology office and ASC were acquired for $5.8 million, Business Journal Daily reported Nov. 4. 

A 34,519-square-foot medical office building in Brunswick, Ohio, was sold to Remedy Medical Properties and Kayne Anderson Real Estate for $10.7 million, Rebusiness Online reported Nov. 3. 

The five biggest deals in October that ASC leaders need to know:

A medical office building in Braintree, Mass., has been acquired for $15.1 million, ConnectCRE reported Oct. 31.

Surgery centers and outpatient clinics can increase revenue capture by relying on digital engagement tools for pre-operative and post-operative outreach