ASC Transactions & Valuation Issues

Hospitals owned just over a quarter of U.S. physician practices by January 2021, according to a June 29 report from Avalere.

Towson, Md.-based SurgCenter Development unloaded 45 ASCs to United Surgical Partners International in a $1.1 billion deal Dec. 10, but the company has announced plans to develop two ASCs since Jan. 1. 

Physician groups are beginning to recover from productivity and revenue losses during the pandemic, according to the June 28 Kaufman Hall "Physician Flash Report."

As Medicare reimbursements shift in the next two to four years, some ASC executives are concerned about how ASCs can remain profitable amid inflation. 

An ASC and medical office building in Wauwatosa, Wis., was sold for $3 million, Milwaukee Business Journal reported June 22.

A medical office building with an ASC in Palm Springs, Fla., was sold for $5M, according to a LinkedIn post. 

Here are six medical office building deals including ASCs that cost at least $10 million announced this year:

HCA Healthcare, Surgery Partners and SurgCenter Development are three large ASC chains with national footprints.

Nashville, Tenn.-based Montecito Medical Real Estate specializes in acquiring medical office properties valued between $4 million and $150 million.

Dallas-based Tenet Healthcare sold five of its hospitals in Florida but kept its ASCs, according to a June 16 news release.