ASC Transactions & Valuation Issues

Despite COVID-19-related disruptions, a return to pre-pandemic patient volumes in many specialties reinforced investor confidence and increased expectations for market activity in 2021, according to a February report from Provident.

Here are six ASC acquisitions in January:

VMG Health acquired Health Care Futures, a business strategy and consulting firm, according to a Feb. 3 news release.

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.

White Oak Healthcare made its first acquisition in Nevada, a medical office building in Henderson, for $18.8 million, Commercial Property Executive reported Feb. 2.

Healthcare Realty Trust acquired a medical office building in North Carolina for $11.58 million, the Triad Business Journal reported Feb. 1.

Nashviell, Tenn.-based HCA Healthcare ended 2020 with declining outpatient surgery case volume and two fewer freestanding outpatient surgery centers than in 2019.

Here are 11 updates on ASC companies and industry-relevant companies to note: 

In December 2020, Dallas-based Tenet Healthcare reached a deal to acquire 45 ASCs from Nashville, Tenn.-based SurgCenter Development for $1.1 billion, intensifying the efforts of major ASC management companies and private equity-backed platforms to drive consolidation in the industry. 

Three large ASC companies added physicians in 2020 during the COVID-19 pandemic.