A single-tenant medical office building in Montrose, Colo., has sold for $2.5 million, according to a July 15 report from REBusiness Online.
ASC Transactions & Valuation Issues
After UnitedHealth Group, parent company of Optum, reached 90,000 affiliated physicians at the end of 2023, it became the largest employer of physicians in the U.S. — sparking industrywide discussions of the risks of consolidation and monopolies. While the company…
Facing increasing obstacles to access economies of scale, including rising practice costs and decreasing reimbursement, physician groups are increasingly consolidating.
The ASC market in the U.S. is projected to reach $60.8 billion by 2030, up from the most recent valuation of $40.4 billion from 2023.
St. Louis-based Ascension saw a $3 billion operating loss in fiscal year 2023, and its sustainability strategy includes selling off major hospitals in their system.
Advertisement
A 58,000-square-foot medical office building in San Antonio has sold, according to a July 10 report from Commercial Property Executive.
A 37,000-square-foot medical office building in Chula Vista, Calif., was sold for $11.6 million, according to a July 10 report from Commercial Property Executive.
A four-story medical office building has sold in East Sacramento, Calif., doubling in price in just 13 years, according to a July 8 report from the Sacramento Business Journal.
A Florida-based real estate investment firm has purchased six medical office buildings in Greensboro, N.C., for $73 million, according to a July 2 report from the Triad Business Journal.
The outpatient care industry has been active in 2024 with practice closures, clinics changing hands and the development of new centers.