Montecito Medical has acquired a medical building housing the Texas Digestive Disease Consultants in Sherman, Texas, the medical real estate company said Nov. 23.
ASC Transactions & Valuation Issues
One Scottsdale (Ariz.) Surgery Center has purchased three lots for $2.1 million, Peoria Times reported Nov. 22.
United Surgical Partners International, Surgery Partners and HCA Healthcare are three of the largest ASC chains in the U.S.
A medical building with an ophthalmology ASC in West Springfield, Mass., has been acquired by Montecito Medical, the medical real estate company said Nov. 19.
A medical office building housing the Texas Health Surgery Center in Denton has been acquired by Montecito Medical, the company said Nov. 16.
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A 26,884-square-foot Hollywood, Fla., medical office building housing Elite Plastic Surgery was sold for $12.3 million by 2700 Hollywood Blvd LLC, a company headed by the ASC's practice administrator, according to a Nov. 16 South Florida Business Journal report.
ASCs must charge a fair market value for equity in an ASC, which can be difficult for a newer facility to calculate, Krieg DeVault, a lawyer from Meritas, wrote in a Nov. 12 Lexology article.
United Surgical Partners International will have 440 ASCs after finalizing the acquisition of SurgCenter Development, further solidifying USPI's spot as the largest ASC chain in the U.S.
St. Louis-based Kadean Construction committed $21 million to a portfolio of nine ASCs completed, in progress, or planned in 2021, according to a Nov. 10 news release.
Nashville, Tenn.-based HCA Healthcare reported strong growth in outpatient revenue and profit in the third quarter of 2021.