ASC Transactions & Valuation Issues

The value ASCs bring to the healthcare system is undeniable, and buyers are watching.

A private equity group has purchased a medical office building housing the Kingwood (Texas) Endoscopy Center for $5.7 million, according to real estate brokerage firm HG Real Estate Partners. 

Property housing the Chandler, Ariz.-based Sonoran Desert Surgery Center was sold for $5.4 million. 

Las Vega-based Comprehensive EyeCare Partners has added Texan Eye to its network.

Physician practice deals heated up in the first half of the year, with private equity firms driving much of the activity.

Austin-based eye surgery practice Texan Eye is partnering with national vision care management services organization Comprehensive EyeCare, based in Las Vegas, according to an Aug. 24 news release.

Sight Growth Partners has expanded its services into Pennsylvania with the merger of four ophthalmology practices in its network.

Physician-owned Ambulatory Surgery Center of Western New York sold a majority stake to Catholic Health.

Private equity-backed Vision Innovation Partners acquired Northeastern Eye Institute, Standard Speaker reported Aug. 19. 

Two health systems have recently acquired ASCs, signaling an accelerating trend of consolidation.