A 5,096-square-foot medical office property housing Dearborn (Mich.) Ophthalmology was sold for $1.34 million, according to a March 4 REjournals article.
ASC Transactions & Valuation Issues
From Arizona to Georgia, here are 11 ASC sales reported by Becker's ASC Review in the last 30 days:
Nashville, Tenn.-based Surgery Partners added 24 percent more physicians in the fourth quarter compared to the same quarter in 2020.
Brentwood, Tenn.-based Surgery Partners' adjusted earnings before interest, taxes, depreciation and amortization jumped 32.3 percent in 2021 over the prior year period, to $339.6 million.
HonorHealth was approved to purchase a $3.43 million plot of land in Peoria, Ariz., to build an ambulatory medical campus, Peoria Times reported Feb. 25.
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ASCs Inc. and JH Winokur closed the sale of Avala Surgical Hospital in Covington, La., according to a Feb. 23 news release.
Three ASC transactions since Feb. 17 have totaled $118 million:
Capital Digestive Care has signed a transaction with Gastroenterology, Ltd. of Virginia Beach (Va.), adding two more offices to its portfolio, according to a Feb. 23 news release shared with Becker's.
A medical office building housing an ASC in Vidalia, La., was sold for $13.3 million, Capital Real Estate Group, which represented the seller, said Feb. 23.
Healthcare deals are heating up as costs rise to provide healthcare services without a similar increase in pay. The Federal Trade Commision is keeping a close eye on industry transactions to halt any anticompetitive behavior.