ASC Transactions & Valuation Issues

The Surgery Group of Grand Island (Neb.) is joining Bryan Physician Network in Lincoln, Neb., according to The Grand Island Independent.

Healthcare transactions have been on fire this year, with at least five billion-dollar deals made or in the works.

Anderson (S.C.) University has acquired a former ASC building in Anderson through a partial gift. 

Nashville, Tenn.-based HCA Healthcare saw an uptick in outpatient revenue and outpatient case volume, but a dip in the number of ASCs in the first quarter of 2021. 

Inefficient, paper-based business processes have become incompatible with today’s demanding healthcare environment where practices face massive complexities, ranging from reimbursement challenges to compliance hurdles — and this was before the COVID-19 pandemic.

The medical real estate space has been active so far in 2021. Here are six recent deals costing at least $10 million:

Nasville, Tenn.-based HCA Healthcare reported the number of first-quarter outpatient surgery cases grew year over year while inpatient cases declined.

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.