UnitedHealth Group's Optum, parent company of ASC chain SCA Health, earned $253 billion in total revenue in 2024 — an 11.7% increase year over year, according to a fourth-quarter 2024 financial report.
ASC Transactions & Valuation Issues
Sacramento, Calif.-based Sutter Health has entered into a seven-year partnership with Arlington Heights, Ill.-based GE HealthCare to enhance imaging services across California.
Walgreens Boots Alliance reported a $245 million operating loss in 2025's first fiscal quarters, the three months ending Nov. 30.
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.
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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.