Seventy-four hospitals and health systems opened or announced plans for new ASCs in the past year.
ASC Transactions & Valuation Issues
LPC West acquired an Atascadero, Calif.-based medical office building situated on more than 100,000 square feet of land.
ASCs Inc. and J.H. Winokur identified five trends ASC administrators can use to ensure their ASC/medical office building transaction returns maximum value.
Welltower acquired a medical office building in Lynbrook, N.Y., for $48.1 million, Long Island Business News reports.
After planning to purchase DaVita's medical group for $4.9 billion, UnitedHealth Group's OptumHealth will now purchase the business for around $560 million less in an effort to expedite regulatory approval and accommodate for "underlying business performance," according to the Minneapolis…
Clemmons, N.C.-based Wake Forest Baptist Surgery Center sold its real estate, according to a Triad Business Journal report.
Here are seven updates on ASC companies and industry-relevant companies to note:
Healthcare deals hit a record total of $421 billion in 2018, and the transactions could radically change pharmaceuticals and disease treatments, Business Insider reports.
Eagle Rock Surgery Center and Bingham Healthcare partnered to operate a new clinic location, the Post Register reports. All are based in Idaho Falls, Idaho.
Real estate investment company MBRE Healthcare acquired the building housing Golden, Colo.-based Panorama Orthopedics & Spine Center and Golden Ridge Surgery Center for $26.6 million, the Colorado Real Estate Journal reports.
