ASC Transactions & Valuation Issues

The number of physician group acquisitions last year grew significantly over 2020, according to a report from professional service network PwC.

Real estate investor Anchor Health Properties purchased a medical office building in Vallejo, Calif., for $13.65 million, North Bay Business Journal reported April 4. 

Real estate company JLL arranged an $8.1 million loan to refinance a medical office building in Bedminster, N.J., REBusiness Online reported March 31. 

A medical office building in Scottsdale, Ariz., has sold for $7.8 million, the Daily Independent reported March 30. 

Healthcare giant Optum, which owns and operates Deerfield, Ill.-based ASC management company Surgical Care Affiliates, has made two recent acquisitions that expand the company's home health and mental health offerings. 

Small businesses, including physician offices, are the new targets for real estate investors, according to The Wall Street Journal.

Montecito Medical Real Estate has acquired a medical office building in Chesterfield, Va., for $12 million, Virginia Business reported March 25. 

The total number of ASCs jumped 2 percent between 2019 and 2020, according to the March Medicare Payment Advisory Commission report.

A medical office building housing an ASC in Rogers, Ark., was sold for $6.75 million, Talk Business & Politics reported March 27. 

Two buildings, including a medical office building, in St. Louis were sold to a New York developer for $20 million, the St. Louis Business Journal reported March 22.