ASC Transactions & Valuation Issues

As buyers and sellers are considering a transaction in the ambulatory surgery center (ASC) marketplace, all involved parties must consider and quantify potential revenue impacts as they relate to that ASC’s contracted managed care reimbursement.

Dallas-based United Surgical Partners International, an affiliate of Tenet Healthcare, is the nation's largest ASC chain. As of March 31, the company had an interest in 404 ambulatory surgery centers and 24 surgical hospitals in 34 states.

Optum received clearance to buy a 30-location independent physician organization in Massachusetts after significantly increasing the amount it intends to pay for and invest in the group, according to The Boston Globe.

Dallas-based United Surgical Partners International reported same-facility systemwide growth in the first quarter of 2022, despite cases being canceled due to the omicron variant and intense efforts to integrate newly acquired ASCs from SurgCenter Development.

Kayne Anderson Real Estate Advisors purchased a medical office building in Winston-Salem, N.C., for $8.15 million, Triad Business Journal reported April 21. 

EyeSouth Partners has reached 30 affiliations after completing an affiliation with Center for Sight of Northwest Florida in Pensacola, according to an April 21 news release shared with Becker's.

Real estate company Meridian has sold a medical office building in Phoenix for $17.9 million, REBusiness reported April 20. 

The healthcare merger and acquisition market remained strong in the first quarter of 2022, coming off a record fourth quarter in 2021.

Hospitals and corporate entities continued their buying spree of physician practices last year, which experienced a steep increase after the pandemic set in, according to an April 2022 report from Avalere.

Real estate firm Montecito Medical purchased the building housing St. Joseph (Mo.) Outpatient Surgery Center, REBusiness Online reported April 18.