ASC Transactions & Valuation Issues

Walmart and other retail companies' efforts to use a big box formula in healthcare have not gone as planned, The Wall Street Journal reported July 5. 

St. Louis-based Ascension saw a $3 billion operating loss in fiscal 2023 and has since taken action to sell a number of facilities across the country to recover. 

Humana plans to open primary care clinics at 23 locations that formerly housed Walmart Health. 

Tenet Healthcare's ASC arm United Surgical Partners International has seen skyrocketing growth in the last five years, becoming the largest ASC chain in the U.S.by number of centers and physicians. 

ASC chain United Surgical Partners International inked a partnership with the Tampa-based Florida Orthopedic Institute in the second quarter of 2024, according to parent company Tenet Healthcare's July 23 second quarter earnings call transcribed by Seeking Alpha. 

ASC giant United Surgical Partners International, owned by Tenet Healthcare, quietly purchased Covenant Physician Partners in the first quarter of 2024, ION Analytics reported in April. 

Tenet Healthcare's ASC powerhouse United Surgical Partners International is a "top capital priority," CEO Saum Sutaria, MD, said July 23 during the company's second quarter earnings call transcribed by Seeking Alpha. 

Dallas-based United Surgical Partners International, Tenet Healthcare's ASC business, second quarter revenue hit $1.14 billion, a 21.1% increase from the same quarter last year. 

Here are three of the biggest healthcare disruptors in the race to acquire physicians:

A medical office building in Aiken, S.C., has sold for $4.125 million, according to a July 22 report from the Aiken Standard.