President Joseph Biden attacked anticompetitive acquisitions earlier this year with an executive order to crack down on them, and the U.S. Justice Department plans to follow suit.
ASC Transactions & Valuation Issues
New York City-based investment firm KKR and Indianapolis-based healthcare real estate firm Cornerstone are partnering to buy more than $1 billion in real estate assets over the next few years.
A medical office building housing a surgery center in Jacksonville, Fla., has been sold for $11.2 million, the Jacksonville Business Journal reported Sept. 13.
The largest independent physician association in California will add more than 200 members later this year, making it the largest IPA in the U.S.
Nashville, Tenn.-based Montecito Medical, a medical real estate company, bought a medical office building in Austin, Texas, that houses two ASCs, the company said Sept. 14.
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A proposed zoning change is laying the groundwork for the expansion of Duluth, Minn.-based Lakewalk Surgery Center, Duluth News Tribune reported Sept. 12.
A medical office building dubbed the Tualatin (Ore.) Surgery Center was sold, according to Ethos Commercial Advisors, the agent who advised the seller.
EyeSouth Partners gained its 25th practice affiliation with the addition of the Eye Center of St. Augustine (Fla.) to its network.
A roundup of ASC purchases making news this month:
Envision Healthcare is requiring employees to be fully vaccinated by Nov. 1.