Forest Surgery Center's medical office facility in San Jose, Calif., changed hands for $13.5 million, according to commercial real estate news outlet RENTV.
ASC Transactions & Valuation Issues
More health systems and physician groups are teaming up to develop joint-venture ASCs, which continue growing in popularity among patients and other stakeholders, according to Serbin Medical Billing.
A building containing a surgery center that serves a number of eye practices in Fort Myers, Fla. was recently sold by ERE Healthcare Real Estate Advisors.
Dallas-based Tenet Healthcare will spin off of its Conifer business into a separate, publicly traded company.
Here are nine updates on ASC companies and industry-relevant companies to note:
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Albuquerque, N.M.-based Presbyterian Healthcare Services is in the process of building three ASCs, including a joint venture that could be the region's largest ASC, Albuquerque Business First reports.
The physician services sector witnessed strong consolidation and investment activity in the second quarter of 2019, according to Provident Healthcare Partners.
Worldwide Surgical Solutions, a company that designs and builds surgical facilities, is seeking investors for 10 surgery centers in Texas that have closed down, according to CEO James Hamilton.
UnitedHealth Group's total revenues grew by 9 percent year over year in the first half of 2019, with UnitedHealthcare and Optum contributing strongly to the results, according to UnitedHealth Group CEO David Wichmann.
Raleigh, N.C.-based Triangle Orthopaedics Surgery Center has an expansion in the pipeline, according to documents filed by the North Carolina Department of Health and Human Services.