ASC Transactions & Valuation Issues

A medical office building in Chattanooga, Tenn., has sold to a real estate private equity firm for $7.4 million, Times Free Press reported Nov. 21. 

Surgery Partners has snagged an $800 million equity offering, the Brentwood, Tenn.-based ASC chain said Nov. 21. 

A 51,357-square-foot medical office building in Geneseo, N.Y., has sold for $15.9 million, according to a November report from Rebusiness Online. 

Here are five Amazon updates since Oct. 31:

ASCs often struggle to compete with larger health systems and practices for patients and contracts, but some are looking to technology to access economies of scale in the coming months. 

Deerfield, Ill.-based SCA Health now has 9,200 physicians in its network, up from 8,500 reported by Becker's in February.

Dallas-based United Surgical Partners International, subsidiary of Tenet Healthcare, is the largest ASC chain in the country by centers and number of physicians. 

Here are three ASC transactions since Nov. 1 totaling more than $30 million:

Baton Rouge, La.-based Our Lady of the Lake Regional Medical Center sold its ASC in the same city for $8.95 million, The Advocate reported Nov. 11.

Dallas-based United Surgical Partners International, Brentwood, Tenn.-based Surgery Partners and Optum, parent company of ASC chain SCA Health, all reported revenue gains in the third financial quarter.