ASC Transactions & Valuation Issues

Physician groups are increasingly consolidating – acquisitions jumped 145 percent in 2021, according to a report from VMG Health.  

Real estate firm Cushman & Wakefield sold a medical office building in Clifton, N.J., for $16 million, roi-nj.com reported Sept. 30.

Private equity acquisitions of physician practices are associated with increased healthcare spending and utilization, according to research published in JAMA Network Sept. 2.

A&G Real Estate Partners is selling a portfolio of 11 medical office buildings located in three states.

As big healthcare companies, payers and investors turn to bundled payments, ASC chains are looking to value-based care systems in an effort to lower costs and improve care quality. 

John Kendrick, MD, sold the building housing the Springdale, Ark.-based Minimal Access Surgery Clinic for $2.6 million, Arkansas Business reported Sept. 26.

A medical office building in San Francisco was sold for $44.5 million, REBusiness reported Sept. 23. 

SMBC Leasing and Finance purchased a medical office building in Houston, Commercial Property Executive reported Sept. 22.

Montecito Medical has acquired a 49,500-square-foot medical office building in Flowood, Miss., which is 100 percent leased to Capital Ortho and its ASC. 

Healthcare giants like UnitedHealth Group, as well as nontraditional healthcare companies like CVS Health and Amazon, have made massive transactions in the last six months that point to an increasingly consolidated industry.