Dallas-based Tenet Healthcare, parent company of ASC giant United Surgical Partners International, has sold 14 hospitals this year for more than $4.8 billion, according to an Oct. 29 third quarter earnings call.
ASC Transactions & Valuation Issues
Tenet Healthcare is continuing to expand its investment and spending in its ASC division, Dallas-based United Surgical Partners International.
Walgreens is laying off 256 employees from its support center as part of a strategy to realign its focus on core retail pharmacy services, a spokesperson confirmed to Becker's in an emailed statement.
Dallas-based United Surgical Partners International, Tenet Healthcare's ASC arm, has inked a deal with San Diego, Calif.-based Synergy Orthopedics, according to an Oct. 29 third quarter earnings call.
Nashville, Tenn.-based HCA Healthcare's ASC strategy is driven by "greenfield developments," new facility constructions, along with targeted acquisitions, CEO Sam Hazen said in a third quarter earnings report transcribed by the Motley Fool.
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Dallas-based United Surgical Partners International, Tenet Healthcare's ASC business, third quarter revenue hit $1.13 billion, a 21% increase from the same quarter last year, according to financial documents published Oct. 29.
Outpatient real estate firm Flagship Healthcare Properties has acquired the Central Ohio Surgical Institute in New Albany.
Nashville, Tenn.-based HCA Healthcare plans to add 100 outpatient facilities by the end of 2024, bringing total sites of care to more than 2,600, according to a third quarter earnings report transcribed by the Motley Fool.
Novant Health and Ascension have both sold off ASCs since Aug. 2.
The real estate for joint venture surgery center between United Surgical Partners International and Bozeman (Mont.) Health has been sold, according to an Oct. 25 report from ConnectCRE.