Hospital consolidation continues to reshape the nation's healthcare landscape, with mergers and acquisitions becoming a dominant strategy for health systems seeking financial stability, operational efficiency and expanded patient access.
ASC Transactions & Valuation Issues
As hospitals and health systems continue expanding their outpatient strategies, their relationships with ASCs are evolving.
A portfolio of 10 medical office buildings across Arizona, Illinois, Massachusetts, Tennessee and Texas has sold for $108 million, according to a Feb. 20 report from Boston Real Estate Times.
ASCs are closely monitoring the acceleration of hospital consolidation in various markets.
Private equity firm Sycamore Partners' bid to acquire Walgreens Boots Alliance is back on the table, Bloomberg reported Feb. 18.
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Dallas-based Tenet Healthcare is doubling down on ambulatory growth, with its subsidiary United Surgical Partners International driving expansion amid rising demand for outpatient care.
A 41,153-square-foot, five-story medical office building in Stamford, Conn., has sold for $4 million.
Philadelphia-based Atria Health has launched a new, independence-forward partnership model for cardiology practices.
As both the ASC industry and the physician workforce overall become increasingly consolidated, some companies are pioneering alternative business models that offer financial and operational support while maintaining their independent practice.
Despite investor concerns over potential Medicaid cuts, executives of Dallas-based Tenet Healthcare, parent company of ASC giant United Surgical Partners International, remained confident in financial stability in a Feb. 12 earnings call.