ASC Transactions & Valuation Issues

Dallas-based United Surgical Partners International and San Francisco-based Dignity Health are planning a joint-venture ASC in Citrus Heights, Calif.

Surgery Partners announced a proposed public offering of 6 million shares.

Here are eight updates on ASC companies and industry-relevant companies to note: 

Despite being disrupted by the COVID-19 pandemic, healthcare-focused mergers and acquisitions recovered and peaked in 2020 with even more in store this year, Managed Healthcare Executive reported in its January 2021 issue.

Montecito Medical Real Estate acquired an ASC building in Michigan, according to a Jan. 25 report from REbusinessonline.com.

Huntington, W.Va.-based Marshall Health partnered with Proctorville, Ohio-based Three Gables Surgery Center to expand its outpatient surgical services, local NBC news affiliate WSAZ reported Jan. 22.

There were five ASC real estate sales over $5 million in the last 90 days:

Investor demand for medical space continues to be high in 2021. Here are six transactions involving medical office buildings, surgery centers and hospitals:

JH Winokur and ASCs Inc. sold a two-story medical office building with an ASC in California.

Optum, a UnitedHealthcare affiliate, reported fourth-quarter and 2020 revenue of $35.9 billion and $136.3 billion, respectively, the company announced Jan. 20.