A medical office building in Montclair, N.J., has sold for $17.9 million, according to a May 8 report from Real Estate NJ. The 41,000-square-foot facility was purchased by a joint venture between BGO and Anchor Health Properties. The seller has…
ASC Transactions & Valuation Issues
Here are three major hospital deals and mergers announced or finalized since May 1 that ASCs need to know: 1. OCH Regional Medical Center explores sale to Baptist Memorial Health Care OCH Regional Medical Center, a 96-bed facility in Starkville,…
Cleveland Clinic has struck a partnership with management services organization Regent Surgical to develop an ASC network. Regent Surgical, founded in 2001, aids health systems in developing, managing and operating ASCs, according to a May 7 news release from Cleveland…
Hospitals are facing a growing financial challenge — they’re losing money on physicians amid the migration to employed models, according to a May 6 article from Kaufman Hall. Hospitals now lose an average of $306,792 per physician annually, according to…
Here are five ASC-focused joint ventures so far in 2025, as reported by Becker’s: 1. An April 16 report by Nashville, Tenn.-based law firm Bass, Berry & Sims highlighted a recent joint venture between Cincinnati-based Bon Secours Mercy Health System…
As the healthcare landscape continues to shift toward outpatient, health systems are rapidly expanding their ASC strategies. Here are five organizations are leading the way in reshaping what the ASC of the future looks like: Sutter Health Sacramento, Calif.-based Sutter…
From labor contracts to new leadership appointments, here are nine things Oakland, Calif.-based Kaiser Permanente have done in the last month: 1. Roughly 2,400 mental health workers ended a strike that began Oct. 21, after reaching a tentative labor contract…
Upland, Pa.-based Crozer-Chester Medical Center officially closed May 2, marking the final step in Prospect Medical Holdings’ plan to shut down the Crozer Health system. Here are five things to know: 1. The closure of Crozer-Chester Medical Center follows the…
Nashville, Tenn.-based physician group Envision Healthcare is exiting imaging. Its 400 radiologists will join El Segundo, Calif.-based Radiology Partners. Here are five things to know about the exit: 1. According to an April 30 news release, the transition agreement will…
Dallas-based Tenet Healthcare, the parent company of ASC giant United Surgical Partners International, is planning to invest at least $250 million annually in mergers and acquisitions in the ambulatory space, executives shared during the company’s April 29 earnings call. Here…
