ASC Transactions & Valuation Issues

Joint ventures continue to shape the outpatient landscape as health systems, physician groups, payers and investors look to expand their ASC footprints and move more care into lower-cost settings. Here are three recent joint ventures in the ASC space, as…

Philadelphia-based Penn Medicine, Independence Blue Cross and Franklin, Tenn.-based Regent Surgical are building an ASC company with a structure Regent CEO Travis Messina said the industry has not seen before: a health system, a health plan and a management company,…

Nonprofit, health system-affiliated ASCs earn much higher margins than for-profit centers, according to a new study of Pennsylvania facilities. Here’s what new research and recent data show about which ASCs make the most money. The new study 1. Nonprofit ASCs…

Optum is planning to close one of its clinics in Anacortes, Wash., in December, according to a Sept. 30 report from Cascadia Daily News. The practice, Island Internal Medicine, will provide care to patients until Dec. 4.  The organization is…

Here are four hospitals and health systems that laid off employees in the month of August, as reported by Becker’s: 1. Duarte, Calif.-based City of Hope plans to lay off 73 employees at its Irwindale, Calif., facility, effective Nov. 24.…

BGO, a real estate investment manager, has acquired a portfolio of 11 ASCs across nine U.S. markets.  The 100% leased, 223,000-square-foot portfolio includes surgery centers with established affiliations with major health systems as well as relationships with national ASC operators,…

Nonprofit ambulatory surgery centers made up just 20% of Pennsylvania’s ASC market in 2024, yet they pulled in more than half of the market’s total net income, according to research published Sept. 25 in JAMA Health Forum.  The study analyzed…

Two Midwest systems plan to combine into a 22-hospital nonprofit, Sanford Health grew to 60 hospitals, and Ascension is moving forward with a $700 million deal in Tennessee.0  Here are 17 hospital deals and deal updates Becker’s has reported on…

Strategic health systems may become a more viable exit, although complex, option for private equity-backed physician practice management platforms as sponsor-to-sponsor deals slow and hold periods lengthen, according to a Sept. 29 blog post from VMG Health. Here are five…

National Healthcare Properties, a real estate investment trust, has entered into a definitive agreement to sell 40 outpatient medical facilities for about $531 million.  The company is projecting cash proceeds of $511 million before transaction expenses, which it plans to…