ASC Transactions & Valuation Issues

US Urology Partners acquired Ormond Beach-based Florida Urology Center, an ASCs Inc. affiliate.

Albany (N.Y.) Cardiothoracic Surgeons on July 1 joined St. Peter's Health Partners Medical Associates, an Albany-based multispecialty group with physicians in 17 specialties, according to the Albany Business Review.

As ASCs are becoming popular investments among both physicians and corporations, more ASCs across the country are partnering with or being acquired by larger ventures. 

Seven ASC leaders were asked what ASC competition will look like in five years. This is how they responded:

IRA Capital, a private equity firm, has acquired two medical office buildings in Vista, Calif., predominantly occupied by San Diego-based Scripps Health.

WellSpan Health has acquired an ownership stake in Hagerstown, Md.-based Parkway Surgery Center, the health system said July 19. 

Seven ASC leaders spoke with Becker's to discuss how competition in the ASC industry has shifted in the last five years. 

Two medical office buildings in Waterloo, Iowa, have been sold for $16.4 million, ReBusiness Online reported July 18. 

Medical property deals have accounted for more than $133 million in the last 30 days, including $84.5 million in Florida and  $26.6 million in North Carolina.

Florida is one of the most active states for medical real estate. Four Florida medical office building transactions in the last 30 days: