ASC Transactions & Valuation Issues

Dallas-based United Surgical Partners International, the ASC segment of Tenet, showed recovery in the first quarter of 2021 compared to last year.

Anchor Health Properties has acquired a two-building, 85,242-square-foot portfolio with several ASCs in a Philadelphia suburb, according to an April 14 release. 

Dallas-based United Surgical Partners International, Tenet's ASC segment, is recovering case volume and revenue amid the pandemic but continues to chase 2019 numbers.

Surgery Partners is refinancing $119 million of incremental term loans raised last April during the first surge of COVID-19, the company revealed April 20. The company also released preliminary first-quarter revenue and case volume projections.

Despite the challenges of the COVID-19 pandemic, Optum broke into 2021 strong with increased revenue in the first quarter compared to the same time last year.

Higher acuity cases and more value-based contracts helped drive Optum's first quarter revenue growth.

Fairfax-based Virginia Surgery Associates became part of Inova April 13, according to the Washington Business Journal.

The pandemic accelerated the migration of surgical procedures to the outpatient setting, and many hospital executives are expanding their outpatient strategies. But that doesn't mean they're eager to buy ASCs.

Meridian has sold a 57,573-square-foot medical office building with an ASC in Laguna Hills, Calif. 

Physician noncompete clauses are common, and getting out of them is a challenge, according to a report from Medscape.