ASC Transactions & Valuation Issues

Compass Capital Investments has purchased a medical office property in San Diego for $18.2 million, according to an April 27 report from REBusiness Online. The 71,971-square-foot property spans two buildings and its current tenant mix includes dermatology, urology, pain management…

A Michigan surgeon has been sentenced to 12 months in federal prison for his role in a scheme to submit more than $7 million in fraudulent Medicare claims for psychotherapy services that were never rendered, the Justice Department said in…

A primary care clinic that has served Dryden, N.Y. for more than 70 years will close May 1, the Ithaca Voice reported April 17. Cayuga Primary Care Dryden, part of Centralus Health, has operated since 1955. Centralus cited staffing challenges…

As ASCs and outpatient care shift towards the center of organizational growth strategies, joint ventures and partnerships between hospitals, health systems, ASCs, physicians and management groups are becoming more common. Here are four outpatient joint ventures or partnerships shaping the…

Over the past five years, health systems, private equity firms and corporate giants have poured billions into the ASC market, snapping up physician-owned centers and building platforms from scratch.  From Ascension’s near-$4 billion grab for AmSurg to Cardinal Health’s bet…

Healthcare real estate development and investment company Anchor Health Properties has acquired a five-story medical outpatient building in Charlotte, N.C.  The 151,993-square-foot facility is anchored by Winston-Salem, N.C.-based Novant Health, which occupies nearly 75% of the building, according to an…

A new working paper from the National Bureau of Economic Research argues that fixing the physician shortage requires looking beyond standard market concentration metrics and targeting the gatekeeping institutions that control who can practice medicine. The paper, written by Joshua…

Because many younger physicians are too debt-burdened or risk-averse to buy practices, retiring physicians are often left without a clear exit strategy, according to an article from Medical Economics.  Employee stock ownership plans can offer a tax-advantaged internal buyout, according…

ASCs have long used physician ownership as a key differentiator from hospital-employed models, but industry leaders say many centers are failing to fully leverage ownership structures to recruit the next generation of surgeons and protect long-term volume. As high-volume, senior…

Thomas Park Investments has acquired two on-campus medical office buildings totaling 127,868 square feet on the MedStar Montgomery Medical Campus in Olney, Md. The portfolio, known as the Olney 2-Pack, was purchased from Columbia, Md.-based MedStar Health through a newly…