Healthcare giant Optum, which owns and operates Deerfield, Ill.-based ASC management company Surgical Care Affiliates, has made two recent acquisitions that expand the company's home health and mental health offerings.
ASC Transactions & Valuation Issues
Small businesses, including physician offices, are the new targets for real estate investors, according to The Wall Street Journal.
Montecito Medical Real Estate has acquired a medical office building in Chesterfield, Va., for $12 million, Virginia Business reported March 25.
The total number of ASCs jumped 2 percent between 2019 and 2020, according to the March Medicare Payment Advisory Commission report.
A medical office building housing an ASC in Rogers, Ark., was sold for $6.75 million, Talk Business & Politics reported March 27.
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Two buildings, including a medical office building, in St. Louis were sold to a New York developer for $20 million, the St. Louis Business Journal reported March 22.
ASCs in the South and Mountain region earn the most, according to VMG Health's "Multi-Specialty ASC Benchmarking Study" for 2022.
United Surgical Partners International, AmSurg, Surgical Care Affiliates, SurgCenter Development and Surgery Partners are ASC-exclusive companies with the most centers.
Buffalo, N.Y.-based Catholic Health is seeking state approval to acquire a majority interest in the Ambulatory Surgery Center of Western New York in Amherst, The Buffalo News reported March 21.
Cypress West Partners has acquired a medical office building portfolio in Henderson, Nev., a Las Vegas suburb, Bear Real Estate Advisors, who represented the buyer, said March 21.