ASC Transactions & Valuation Issues

A medical office building in Hanahan, S.C., sold for $8.2 million, the Post and Courier reported April 30. 

St. Louis-based SSM Health has acquired the SLUCare Physician Group, local NBC affiliate KSDK reported May 1. 

Steindler Orthopedic Clinic has sold the building housing its clinic in Iowa City, Iowa, for $11 million, Corridor Business Journal reported April 29. 

Nashville, Tenn.-based HCA Healthcare plans to acquire BetterMed, a Fredericksburg, Va.-based chain of 12 outpatient urgent care centers, Richmond BizSense reported April 28.

The Blair Building, a 35,000-square-foot medical office in Richmond, Va., has been acquired by Flagship Healthcare Trust, an outpatient healthcare real estate investment trust.

Here are four recent ASC and medical office building sales from the last two weeks that totaled nearly $45 million:

Newmark has sold the Cypress Surgery Center in Wichita, Kan., for $15.3 million, the real estate company said April 27. 

US Eye, a physician-led multispecialty group, has partnered with Kelly Eye Center, which has five locations throughout greater Raleigh, N.C.

A medical office building in Vero Beach, Fla., was sold for $3.6 million, ConnectCRE reported April 25. 

Healthcare giant Optum, which owns and operates Deerfield, Ill.-based ASC management company Surgical Care Affiliates, is on an acquisition spree. The company has made three multimillion-dollar deals in 2022.