ASC Transactions & Valuation Issues

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. 

Nashville, Tenn.-based Montecito Medical acquired two orthopedic medical office buildings, one with an ASC, in Fairfield and Shelton, Conn., according to a June 17 email. 

Partnerships with hospitals have been part of some ASC chains' growth strategy for years, while others just began forging relationships with larger entities in the last few years.

Nashville, Tenn.-based Montecito Medical Real Estate has acquired a medical office property in Richmond, Va., for $32.5 million.