ASC Transactions & Valuation Issues

Consolidation continues to run rampant throughout the ASC industry, but is there a ceiling to how much there can be?

Shreveport, La.-based Ochsner LSU Health has signed an agreement to acquire Regional Urology, an eight-physician group, ABC affiliate KTBS3 reported March 8.

Texas Health Hospital Mansfield is partnering with three orthopedic private practices, D Magazine reported March 8.

The Advocate Aurora Health Medical Building in Kenosha, Wis., was sold for $6.2 million to a commercial real estate investment company, according to Healthcare Real Estate Insights.

HREA | Healthcare Real Estate Advisors advised on the sale of 27 healthcare real estate projects totaling $312 million in 2021, the company said March 5.

A medical office building in Saratoga Springs, N.Y., was sold to an investor for $11.5 million, the Albany Business Review reported March 3. 

A 120,000-square-foot office building in Andover, Mass., has been acquired and will be converted into a lab, according to a March 3 Boston Real Estate Times article.

A 5,096-square-foot medical office property housing Dearborn (Mich.) Ophthalmology was sold for $1.34 million, according to a March 4 REjournals article.

From Arizona to Georgia, here are 11 ASC sales reported by Becker's ASC Review in the last 30 days:

Nashville, Tenn.-based Surgery Partners added 24 percent more physicians in the fourth quarter compared to the same quarter in 2020.