ASC Transactions & Valuation Issues

A physician-developed medical complex featuring an ASC sold for $14 million in Amherst, N.Y., Buffalo Business First reported Dec. 17. 

The two buildings housing the Ophthalmology Consultants of Fort Wayne (Ind.) and its ASC were sold for $11 million.

Physician practices and medical groups were a hot target for buyers in 2021, according to a PwC report.

JLL Income Property Trust acquired the North Tampa (Fla.) Surgery Center for about $8.5 million, the trust said Dec. 14. 

Retina Consultants of America has added Mississippi Retina Associates to its network, the Southlake, Texas-based management services organization said Dec. 13.

Here are the eight most expensive transactions reported by Becker's ASC Review in 2021:

The buildings housing Plaza Surgery Center and a medical office in Jacksonville, Fla., sold for $19.7 million to Catalyst Healthcare Real Estate of Pensacola (Fla.).

A three-building medical office portfolio with an ASC in Knoxville, Tenn., has been acquired by a private equity group. 

CVS Health is planning to acquire more primary care practices in the coming year and eventually expand specialty services at its clinics, Alan Lotvin, MD, CVS Health executive vice president and president of CVS Caremark, said during a Dec. 9…

ValueHealth and NCH Healthcare System are launching a joint venture to expand access to value-based outpatient surgical care in Southwest Florida, ValueHealth said Dec. 9.