Montecito Medical Real Estate has purchased a medical office building in Virginia Beach, Va., for $21 million, Virginia Business reported Feb. 17.
ASC Transactions & Valuation Issues
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.
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.
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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…
Three of the nation's largest ASC companies added thousands of physicians in 2021 during the COVID-19 pandemic.
With heightened outpatient migration and new ASCs appearing to pop up daily, some centers are struggling to compete in their markets.
Despite many physicians migrating to hospital employment, investment in ASCs is still a long- term strategy for physicians to maintain financial and operational stake in a surgery center.