Capital Digestive Care has signed a transaction with Gastroenterology, Ltd. of Virginia Beach (Va.), adding two more offices to its portfolio, according to a Feb. 23 news release shared with Becker's.
ASC Transactions & Valuation Issues
A medical office building housing an ASC in Vidalia, La., was sold for $13.3 million, Capital Real Estate Group, which represented the seller, said Feb. 23.
Healthcare deals are heating up as costs rise to provide healthcare services without a similar increase in pay. The Federal Trade Commision is keeping a close eye on industry transactions to halt any anticompetitive behavior.
Montecito Medical Real Estate has purchased a medical office building in Virginia Beach, Va., for $21 million, Virginia Business reported Feb. 17.
The "shopping era" of healthcare and new price transparency requirements give patients more power than ever, a pairing that could leave ASCs poised for growth.
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Private equity firm IRA Capital landed $80.7 million in financing from First Citizens Bank for ASC property acquisitions in Florida and Louisiana.
Irvine, Calif.-based private equity firm IRA Capital has acquired Serra Medical Plaza in Thousand Oaks, Calif.
The Modesto (Calif.) Surgery Center has been sold to an ASC management company and a group of surgeons.
Three ASC transactions have totaled $192 million since Jan. 1.
2021 has been an expansive year for the healthcare industry as it continued its rebound from the coronavirus (COVID-19) pandemic. While the healthcare industry as a whole has seen a speedy recovery, the Ambulatory Surgery Center (ASC) subindustry has seen…