Half of the ASCs planning to expand this year want to expand their current facilities, according to 2019 data from the Health Industry Distributors Association.
ASC Transactions & Valuation Issues
One-third of ASCs plan to execute growth strategies this year, according to 2018 data from the Health Industry Distributors Association.
East Paris Surgical Center occupies a Grand Rapids, Mich.-based medical complex that was recently listed for nearly $3 million, according to real estate investment firm Marcus & Millichap.
Anchor Health Properties grew its Atlanta presence by acquiring a 43,000-square-foot medical office building in Johns Creek, Ga., through a joint venture with a Carlyle Group affiliate.
Work is progressing on St. Joseph, Mich.-based Lakeland Medical Center's Pavilion project, local news affiliate ABC 57 reports.
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UnitedHealth Group plans to grow OptumCare, which includes Surgical Care Affiliates, from a $16 billion business into a $100 billion business, according to the Minneapolis / St. Paul Business Journal.
Here are eight updates on ASC companies and industry-relevant companies to note:
Piedmont Athens (Ga.) Regional Medical Center partnered with Surgery Center of Athens to expand its surgical services, local news affiliate WGAU reports.
A 20,500-square-foot clinic opened May 24 beside Hendrick Surgery Center in Brownwood, Texas, according to the Abilene Reporter News.
ASC physician-owners often ask us "how to maximize the total value of their ASC business and their ASC/MOB real estate when they own both and want to sell."