ASC Transactions & Valuation Issues

Here are the eight most interesting physician group deals this year:

A medical office building in Albuquerque, N.M., was acquired by real estate investment company OrbVest for $10.8 million, BizNews reported Dec. 15.

Nashville, Tenn.-based Montecito Medical has acquired a four-building medical office building portfolio totaling 32,000-square-feet with locations in eastern Indiana and western Ohio. 

CIT, a division of First Citizens Bank, provided $27.8 million for the joint venture acquisition of a medical office building portfolio with properties in Wichita, Kan.

Dallas-based United Surgical Partners International, Brentwood, Tenn.-based Surgery Partners and Deerfield, Ill.-based SCA Health are three of the biggest ASC chains in the country. 

Optum, a subsidiary of UnitedHealth Group and parent company of ASC chain SCA Health, made six huge deals this year totaling more than $8 billion, focusing on physician groups and value-based care. 

Here are 10 numbers from Dallas-based United Surgical Partners International, a subsidiary of Tenet Healthcare, according to financial results and the network's website: 

Dallas-based Lincoln Advisors has acquired the Northwest Medical Center, a 149,202-square-foot, four-story medical office building in Atlanta, according to a Dec. 9 report from ConnectCRE.

Woodlake Medical Building, a 42,467-square-foot medical office building in Woodbury, Minn., has been acquired by Davis Healthcare Real Estate for $18 million, according to a Dec. 9 report from Commercial Property Executive.

Hospitals and health systems, like ASCs, are being affected by rising labor and supply costs while reimbursements remain low.