ASC Transactions & Valuation Issues

Sila Realty Trust recently acquired a medical outpatient building in Reading, Pa., for $10.5 million.

Optum has spent $31 billion on acquisitions in the last two years, The Oregonian reported May 13. 

A Jacksonville, Fla.-based medical office building has sold for $12.05 million, according to a May 28 report from Jacksonville Business Journal.

A 10-story medical office building in Boston has been acquired for $36.4 million; substantially less than it was sold for just three years ago, according to a May 28 report from the Boston Business Journal. 

ASCA is opposed to the Federal Trade Commission's "Non-Compete Clause Rule," which will ban noncompete agreements Sept. 4, according to an article written in ASC Focus.

Investment in medical office buildings fell by 21% year over year in the first quarter of 2024, declining to $1.6 billion, according to a May 20 report from real estate investment firm CBRE. 

Dallas-based Tenet Healthcare, parent company of ASC giant United Surgical Partners International, has seen explosive growth in the last few years.

Here are five acquisitions of ASCs or medical buildings that Becker's has reported since May 1:

Optum's ASC arm, Deerfiled, Ill.-based SCA Health, quietly purchased at least two cardiovascular providers in 2023, National Cardiovascular Partners and Pivotal Healthcare. 

The ambulatory growth of Dallas-based Tenet Healthcare, parent company of ASC giant United Surgical Partners International, is surging, and the company has big plans for the future.