ASC Transactions & Valuation Issues

COVID-19 has devastated the mergers and acquisitions market, according to Brentwood Capital Advisors' first-quarter 2020 market report.

IRA Capital acquired a single-tenant medical office building in the Philadelphia suburb of Sellersville, Pa.

Tenet's ambulatory segment reported patient volume declines during the COVID-19 pandemic, as many elective procedures were canceled or postponed and surgery centers were temporarily closed.

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

Four transactions in the ASC space were announced or completed in April:

Sarasota, Fla.-based Cape Outpatient Surgery Center will resume normal operations May 4 in response to Gov. Ron DeSantis lifting the ban on elective surgeries, SRQ 20 reports.

UnitedHealth's Optum division could acquire virtual therapy provider AbleTo for about $470 million, according to CNBC.

Since it was established in 2008, the Large Urology Group Practice Association has worked to advance independent practice while demonstrating care quality and value to patients, vendors, payers, legislators and regulatory bodies. That mission has only grown more important in…

Leawood, Kan.-based ValueHealth entered into a joint venture with Trenton, N.J.-based health system Capital Health, expanding ValueHealth's market share in the mid-Atlantic region.

States continue to lift restrictions around elective surgeries, but professional organizations are cautioning practices to expect depressed patient volumes.