ASC Transactions & Valuation Issues

Anderson (S.C.) University has acquired a former ASC building in Anderson through a partial gift. 

Nashville, Tenn.-based HCA Healthcare saw an uptick in outpatient revenue and outpatient case volume, but a dip in the number of ASCs in the first quarter of 2021. 

Inefficient, paper-based business processes have become incompatible with today’s demanding healthcare environment where practices face massive complexities, ranging from reimbursement challenges to compliance hurdles — and this was before the COVID-19 pandemic.

The medical real estate space has been active so far in 2021. Here are six recent deals costing at least $10 million:

Nasville, Tenn.-based HCA Healthcare reported the number of first-quarter outpatient surgery cases grew year over year while inpatient cases declined.

Dallas-based United Surgical Partners International, the ASC segment of Tenet, showed recovery in the first quarter of 2021 compared to last year.

Anchor Health Properties has acquired a two-building, 85,242-square-foot portfolio with several ASCs in a Philadelphia suburb, according to an April 14 release. 

Dallas-based United Surgical Partners International, Tenet's ASC segment, is recovering case volume and revenue amid the pandemic but continues to chase 2019 numbers.

Surgery Partners is refinancing $119 million of incremental term loans raised last April during the first surge of COVID-19, the company revealed April 20. The company also released preliminary first-quarter revenue and case volume projections.

Despite the challenges of the COVID-19 pandemic, Optum broke into 2021 strong with increased revenue in the first quarter compared to the same time last year.