Walgreens Boots Alliance reported a $245 million operating loss in 2025's first fiscal quarters, the three months ending Nov. 30.
ASC Transactions & Valuation Issues
The ASC industry is facing increased consolidation as some ASCs look to partnerships with hospitals and health systems to stay afloat in a challenging economic climate.
A medical office building in Roseville, Calif., has been acquired by Montecito Medical Real Estate for $9.205 million, according to a Jan. 13 report from the Sacramento Business Journal.
The ASC-hospital relationship has evolved as hospitals have become increasingly interested in pursuing outpatient ventures. This often takes the form of joint ventures with existing ASCs.
Los Angeles-based Prospect Medical Holdings, a private equity-backed system that owns hospitals across four states, has filed for Chapter 11 protection.
A medical office building in Chantilly, Va., has sold for $9.2 million, according to a Jan. 10 report from REBusiness Online.
Here are three hospital closures since Jan. 1, as reported by Becker's:
Laurel, Va.-based Virginia Care Partners, an affiliate of HCA Virginia in Richmond, has established a partnership with Pearl Health, a technology platform geared specifically toward independent physician practices, IT News Online reported Jan. 8.
Here are the most recent updates on five ASC giants as 2025 begins:
A Jan. 7 bipartisan Senate report titled "Profits Over Patients: The Harmful Effects of Private Equity on the U.S. Health Care System" heavily scrutinized private equity involvement in healthcare, particularly in underserved and rural communities.
