Profitability, consumer trends and physician relationships are some of the top reasons hospitals own ASCs, according to a 2019 survey from outpatient healthcare group Avanza Healthcare Strategies.
ASC Transactions & Valuation Issues
Oceanside, N.Y.-based OCLI acquired the New Hyde Park, N.Y.-based private practice of Ronald Balkin, MD.
ASC management company Regent Surgical Health entered into a joint venture with physician partners at an ASC in Anchorage, Alaska.
Joint ventures with physicians are hospitals' preferred method for opening ASCs, according to a 2019 survey from outpatient healthcare group Avanza Healthcare Strategies.
The Ohio State University's Wexner Medical Center in Columbus is gearing up to buy an outpatient medical building for $43 million, according to Columbus Business First.
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Becker's ASC Review reported on the closing of five ASCs this year:
Indianapolis-based real estate investor Cornerstone acquired $24 million worth of medical office buildings in Indiana, Kentucky, Tennessee and Ohio, the Indianapolis Business Journal reports.
SUNY Downstate Bay Ridge Ambulatory Surgery Center reopened Nov. 18, more than a year after a September 2018 fire caused it to close.
Joint ventures with physicians are hospitals' preferred method for opening ASCs, according to a survey from outpatient healthcare group Avanza Healthcare Strategies.
A building housing a United Surgical Partners International ASC in Plano, Texas, was sold to a healthcare real estate trust earlier this month, according to industry news sites Commercial Property Executive and Bisnow.