ASC Transactions & Valuation Issues

Deerfield, Ill.-based Surgical Care Affiliates grew steadily in 2020 despite pandemic setbacks. Three months into 2021, the company has already acquired several new ASCs and plans to add more in the coming months. 

Since 2004, Brentwood, Tenn.-based Surgery Partners has managed surgery centers throughout the U.S. In 2021, they plan to go on the offensive and capitalize on the addressable market. 

As ASCs across the U.S. consider whether to bring on new investors or sell outright, owners face new challenges in determining valuation and expected earnings before interest, taxes, depreciation, and amortization.

Here are 11 key updates on ASC companies and industry-relevant companies since January:

Dallas-based United Surgical Partners International, the ASC segment of Tenet Healthcare, is the largest ambulatory platform in the country. The company expanded its surgery center footprint in 2020 and is expected to continue its focus on ASC acquisitions in 2021.

Since its inception in 2006, Nashville, Tenn.-based Montecito Medical Real Estate has acquired more than $4 billion in medical office real estate across 30 states in the U.S.

  Nashville, Tenn.-based AmSurg acquires, develops and operates ASCs with physician groups and has been a key player in the ASC industry for decades. 

In September 2019, Becker’s ASC Review published an article written by VMG Health titled “Gastroenterology: An Emerging Trend in Private Equity Healthcare Transactions.”

Arkansas Surgical Hospital, a physician-owned orthopedics hospital in North Little Rock, Ark., is adding two operating rooms.

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.