Wichita, Kansas-based Via Christi Health bought 25 percent ownership interest in Rock Medical Assets, the entity developing Rock Regional Hospital in Derby, Kan., according to the Derby Informer.
ASC Transactions & Valuation Issues
El Segundo, Calif.-based Radiology Partners expanded its outpatient imaging services in eight states and announced a partnership with Houston-based Gulf Imaging Associates.
Valdosta-based South Georgia Medical Center acquired the general and vascular surgery practice Surgical Associates of Valdosta, the Valdosta Daily Times reports.
Anchor Health Properties acquired a pair of outpatient medical office buildings in Westlake Village, Calif.
Nashville, Tenn.-based HCA Healthcare increased third quarter 2018 revenues 7.1 percent to $11.45 billion, while continuing to increase its outpatient surgery load.
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Sheridan Capital Partners invested an undisclosed amount in Phoenix-based Empower Physical Therapy, a physical therapy practice management firm.
Increasing levels of consolidation are one of the factors sparking private equity interest in the ASC industry, which in turn has driven up surgery center valuation.
Seventy percent of ASCs are independent and freestanding, yet the competition for mergers and acquisitions continues to heat up, according to two experts dealing with these trends head-on.
Here are seven updates on ASC companies and industry-relevant companies to note:
There are several trends popping up in relation to healthcare mergers and acquisitions, including the interest of private equity firms, combination transactions, consolidation of physician-owned practices and formation of more management services organizations.