Healthcare Realty Trust had a banner year of investment in 2020, acquiring $547 million in medical office buildings, according to the Motley Fool transcript of the company's earnings call.
ASC Transactions & Valuation Issues
The temporary halt on elective procedures during the pandemic last year caused revenue declines for three of the largest ASC chains in the U.S., but two still managed to grow through acquisitions and new ASC development.
The Oregon Ambulatory Surgery Center Association gave a written testimony arguing against a proposed bill requiring sign-offs on mergers and acquisitions between some healthcare entities.
Tenet acquired 45 ASCs from Towson, Md.-based SurgCenter Development in late 2020, and its ASC division, United Surgical Partners International, has spent the last quarter on integration.
Dallas-based United Surgical Partners International, Tenet's ambulatory business segment, reported a recent acquisition led to fourth quarter revenue growth.
Here's how Dallas-based Tenet Healthcare, Nashville, Tenn.-based HCA Healthcare and Nashville-based Surgery Partners' shares have fluctuated over the last five days.
Stamford-based Specialty Surgery Center of Connecticut and Bloomfield (Conn.) Ambulatory Surgery Center both sold majority ownership stakes to Deerfield, Ill.-based Surgical Care Affiliates, Merritt Healthcare Advisors announced Feb. 9.
Rockville, Md.-based National Spine and Pain Centers has merged with Roswell, Ga.-based Prospira PainCare to create the nation's largest network of interventional pain management specialists, according to a Feb. 9 announcement.
Here are nine updates on ASC companies and industry-relevant companies to note:
Over the last four years, no state has seen more new ASC activity than Texas.
