United Surgical Partners International will have 440 ASCs after finalizing the acquisition of SurgCenter Development, further solidifying USPI's spot as the largest ASC chain in the U.S.
ASC Transactions & Valuation Issues
St. Louis-based Kadean Construction committed $21 million to a portfolio of nine ASCs completed, in progress, or planned in 2021, according to a Nov. 10 news release.
Nashville, Tenn.-based HCA Healthcare reported strong growth in outpatient revenue and profit in the third quarter of 2021.
Global Nephrology Solutions has launched an outpatient kidney surgical division with the acquisition of three Arizona ASCs, the physician-led company said Nov. 8.
Dallas-based Tenet Healthcare will acquire SurgCenter Development and its more than 90 ASCs for approximately $1.2 billion, the company said Nov. 8.
Surgery Partners announced a proposed public offering of 5 million shares.
A medical facility that formerly housed a surgery center has sold for $4.35 million in Fort Myers, Fla.
A roundup of ASC purchases making news last month:
EyeSouth Partners completed an affiliation with Scott & Christie Eyecare Associates in Cranberry Township, Pa.
Dallas-based United Surgical Partners International, OptumHealth, which includes ASC chain Surgical Care Affiliates, and Brentwood, Tenn.-based Surgery Partners, are three of the largest ASC management companies.
