ASC Transactions & Valuation Issues

The sale of three medical office buildings totaling $22 million were reported in the last week:

An application to build a $8.3 million medical office building in Sugar Land, Texas, has been submitted to the Texas Department of Licensing, Community Impact reported March 15. 

Nashville, Tenn.-based HCA Healthcare ended 2021 with 125 ASCs, four more than the company had at the end of 2020, according to 2021 financial results. 

The Fort Myers (Fla.) Neurosurgical Building Partnership has sold a medical office building for $4.4 million, Business Observer reported March 14. 

Dallas-based United Surgical Partners International became the biggest ASC chain by far in December when it closed on a deal to acquire Towson, Md.-based SurgCenter Development.

Dallas-based United Surgical Partners International is the largest ASC chain in the country with more than 440 surgery centers. 

Consolidation continues to run rampant throughout the ASC industry, but is there a ceiling to how much there can be?

Shreveport, La.-based Ochsner LSU Health has signed an agreement to acquire Regional Urology, an eight-physician group, ABC affiliate KTBS3 reported March 8.

Texas Health Hospital Mansfield is partnering with three orthopedic private practices, D Magazine reported March 8.

The Advocate Aurora Health Medical Building in Kenosha, Wis., was sold for $6.2 million to a commercial real estate investment company, according to Healthcare Real Estate Insights.