ASC Transactions & Valuation Issues

SVN Urban Properties took over management of Galleria Medical Office Building in Metairie, La., Biz New Orleans reported Aug. 22.

Montecito Medical completed the acquisition of a medical office in Bethlehem, Pa.

A 61,000-square-foot medical office building in Edinburg, Texas, was sold, REBusiness Online reported Aug. 17. 

Drugstore and insurance company CVS Health has had a busy month as the company looks to enter the primary care market. 

A medical office building in Edmond, Okla., has been sold for $1.45 million, The Oklahoman reported Aug. 19.

Brentwood, Tenn.-based Surgery Partners is one of the nation's largest ASC chains, with more than 180 facilities and 4,000 physicians.

HCA Healthcare has expanded its network of 153 ASCs by acquiring interest in Performance Health Surgery Center in Fort Myers (Fla.) along with five physician partners. 

Deerfield Ill.-based SCA Health, formerly Surgical Care Affiliates, is one of the largest ASC chains in the country and operates under parent company Optum.

While healthcare mergers and acquisitions are down this year compared to 2021, the ASC sector continues to grow, according to an Aug. 14 article in JDSupra from the law firm Bass, Berry & Sims. 

The property housing Post Falls, Idaho-based Northwest Specialty Hospital was acquired for $67.5 million.