A medical office building in Wauwatosa, Wis., has sold for $52.5 million, according to a March 12 report from the Milwaukee Business Journal. The three-story, 100,977-square-foot facility is fully occupied by the Medical College of Wisconsin. The building was purchased…
ASC Transactions & Valuation Issues
As practice costs soar and more physicians transition to employed models, financial stability and physician autonomy often seem at odds. Pradnya Mitroo, MD, president of Fresno (Calif.) Digestive Health, joined Becker’s to discuss how she feels the future of independent…
Physician staffing firm NES Health filed for Chapter 7 bankruptcy on Feb. 21, according to court documents obtained by Becker’s. NES announced plans to cease operations in November, citing financial challenges. Reports indicate that the company’s financial struggles left emergency…
Walgreens Boots Alliance has entered a $10 billion definitive agreement with Sycamore Partners, a private equity firm, to take the company private. The total deal value could reach up to $23.7 billion and is expected to be completed in the…
Franklin, Tenn.-based Outpatient Imaging Affiliates, a private equity-backed physician group that delivers outpatient imaging services to hospitals, is launching a network of outpatient imaging centers in a joint venture with the Medical University of South Carolina in Charleston. According to…
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The ASC industry continues to see rapid consolidation, investment and strategic partnerships as healthcare organizations seek to expand their market presence.
From layoffs to leadership moves, here are five updates from Oakland, Calif.-based Kaiser Permanente from the last month:
Despite concerns within the healthcare industry over proposed cuts to Medicaid, Brentwood, Tenn.-based Surgery Partners executives said they do not perceive the cuts as a threat, according to a March 3 earnings call transcribed by Seeking Alpha.
Brentwood, Tenn.-based Surgery Partners opened eight de novo facilities in 2024, with 12 facilities in various stages, according to a March 3 earnings call transcribed by Seeking Alpha.
As healthcare consolidation accelerates, ASCs and hospitals are increasingly looking to collaborate on partnerships and joint ventures to spark mutual growth.