As operation costs skyrocket and reimbursements stagnate, ASCs are facing huge challenges to maintaining profitability. Here are five factors that can make or break ASCs in the coming years, according to seven ASC leaders.
ASC Transactions & Valuation Issues
By 2028, the ASC market is projected to reach over $35.6 billion, a study published June 17 by Coherent Market Insight reports.
Healthcare real estate company Montecito Medical has acquired an ASC building in Shreveport, La.
Force Therapeutics announced its partnership with Avon, Conn.-based Constitution Surgery Alliance to incorporate its digital care management platform, BioSpace reported June 17.
Here are nine ASC and medical office building transactions totaling $251.45 million Becker's has reported on since May 23:
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United Surgical Partners International, AmSurg, SCA Health and Surgery Partners have made significant changes in the last year and are looking to new strategies in the future.
The Citrus Tower medical office building in Clermont, Fla., was acquired by Flagship Healthcare Trust, an outpatient healthcare real estate investment trust.
The property housing LaPorte, Ind.-based Lakeshore Bone & Joint Institute sold for $6.6 million, REJournals reported June 15.
ASC developer Atlas Healthcare Partners has secured an investment from Southfield, Mich.-based BHSH System, the Phoenix-based company said June 15.
US REO Fund, a Plano, Texas-based real estate investment firm, is hoping to draw physician groups with the renovation of a medical office building and ASC in Plano, REJournals reported June 13.