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.
ASC Transactions & Valuation Issues
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.
Advertisement
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.
Lewiston-based Central Maine Healthcare will be acquired by Ontario, Calif.-based Prime Healthcare Foundation pending regulatory approval, WMTW reported Jan. 8.
Walgreens Boots Alliance faced major headwinds into 2024 as the company confronted significant challenges in its efforts to expand into primary care.
A medical office building in Novato, Calif., has sold for $30.05 million, according to a Jan. 4 report from the North Bay Business Journal.