Trammell Crow sold the MLK Community Health Building in Willowbrook, Calif., for $43.3 million to Seavest Healthcare Properties, Commercial Property Executive reports.
ASC Transactions & Valuation Issues
Nashville, Tenn.-based Surgery Partners took on hundreds of millions more in debt to combat declining case volumes related to the COVID-19 pandemic and plans to take on $115 million more, the Nashville Post reports.
Liverpool-based Specialty Surgery Center of Central New York has been undergoing renovations for the past several months, despite the COVID-19 pandemic.
Memphis, Tenn.-based OrthoSouth sold its medical office building and ASC to real estate investment firm Capital Square in a sale/leaseback transaction for $15 million, the Memphis Business Journal reports.
As the COVID-19 pandemic continued battering operations in the second quarter, HCA Healthcare generated a significantly smaller portion of patient revenues from its outpatient centers.
Here's how Dallas-based Tenet Healthcare, Nashville, Tenn.-based HCA Healthcare and Nashville-based Surgery Partners' shares have fluctuated over the last five days.
Here are 10 updates on ASC companies and industry-relevant companies to note:
Here are 30 things to know about the leaders of the leaders of the larges ASC companies in the U.S.
By investing in a surgery center, physicians can set themselves up "for a profitable income stream" while providing a helpful option for patients, according to healthcare-focused financial planning firm Spaugh Dameron Tenny.
A Seeking Alpha analysis questioned Nashville, Tenn.-based Surgery Partners' financial position, claiming the COVID-19 pandemic has put the company in a rough spot.
