Cleveland Clinic purchased a two-medical building project featuring a surgery center in Port St. Lucie, Fla., for $52.5 million, Business Observer reported July 30.
ASC Transactions & Valuation Issues
Monfort Heights Healthcare Investors has purchased Cincinnati-based Good Samaritan Surgery Center West for $8 million, the Cincinnati Business Courier reported July 29.
Healthcare real estate firm Cornerstone Companies has acquired 12 properties comprising medical office buildings, ASCs and clinics for $48.7 million.
Minneapolis-based MedCraft Investment Partners acquired Crossroads Professional Building, a physician-owned medical office building in Waterford, Conn., according to a July 27 news release.
Nashville, Tenn.-based AmSurg is one of the largest ASC developers and has been a key player in the industry for decades.
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Physician-owned hospitals persist despite the 2010 moratorium on inpatient growth for most facilities.
Virginia Pediatric Eye Center’s Chesapeake office was sold for $1.3 million, Inside Business reported July 26.
An ASC in Baton Rouge, La., was sold for $6.1 million, the Greater Baton Rouge Business Report said July 23.
Dallas-based United Surgical Partners International, part of Tenet Healthcare, continued its steep growth trajectory in the first half of 2021.
ASCs got a regulatory boost in early July when President Joe Biden signed an executive order scrutinizing healthcare mergers, noncompete agreements and the secrecy surrounding costs for care.