Four AmSurg ASCs made Newsweek's "America's Best Ambulatory Surgery Centers," which ranks 510 of the more than 5,000 Medicare-certified ASCs in the country.
ASC Transactions & Valuation Issues
Tenet Healthcare, parent company of ASC chain United Surgical Partners International, and Optum, parent company of ASC chain SCA Health, are looking at different ASC growth strategies as the year comes to a close.
The site of a $34 million medical office building in Westerfield, Iowa, has been approved as an economic revitalization area, Current reported Oct. 17.
Hammes Partners has purchased the Post Falls, Idaho-based Northwest Speciality Hospital building, which includes a physician-owned surgical hospital, six affiliated medical office buildings and 7.54 acres of developable land.
United Surgical Partners International executives revealed the company is behind on its year-long growth plan in an Oct. 20 third quarter earnings call from Tenet Healthcare, USPI's parent company.
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Agora Realty and Management in Calabasas, Calif., acquired a 75,000-square-foot medical office building in Tarzana, Calif., for $30 million, San Fernando Valley Business Journal reported Oct. 17.
Real estate firm Flagship Healthcare Trust acquired Destin (Fla.) Surgery Center, according to an Oct. 25 announcement in The Destin Log.
Tarzana Medical Plaza, a medical office building in Los Angeles, was acquired for $30 million, ConnectCre reported Oct. 24.
Prime Medicine, a biotechnology company specializing in genetic therapies, has closed on its initial public offering of 10,294,118 shares of stock at $17 per share. Before deducting expenses, the public offering netted Prime Medicine approximately $175M in proceeds.
National Medical Billing Services has acquired MedTek, an ASC revenue cycle management provider, the company said Oct. 25.