ASC Transactions & Valuation Issues

Physician groups are continuing to consolidate, facing increasing pressure to access economies of scale.  

Hospitals and health systems are increasingly looking to ASCs for growth — forming partnerships and joint ventures for ASC development as procedures continue to migrate to outpatient settings. 

Texas has lost more than 20 hospitals since 2005, according to the Cecil G. Sheps Center for Health Services Research, which could mean a rise in volume for ASCs in the region.

The Lafayette, Ind.-based pain management practice of Julian Ungar, MD, unexpectedly closed May 1, WLFI reported May 13.

Healthcare giants Optum, Walmart, Rite Aid and Walgreens have recently announced plans to scale back healthcare offerings, sparking concerns about care access. 

Tenet Healthcare has been bullish on ambulatory growth. Here's what the company says about its ASC strategy.

A 43,450-square-foot medical office building in Valparaiso, Ind., has been sold after spending time tied up in the legal system, according to a May 10 report from REBusiness Online.

Anchor Health Properties has acquired a 70,418-square-foot medical office building in Sarasota, Fla., for $31.8 million, according to a May 9 report from Commercial Property Executive.

Healthcare giants HCA Healthcare and Tenet Healthcare have made their mark on the ASC industry.

Nashville, Tenn.-based HCA Healthcare is one of the largest operators of surgery centers through its ASC business Surgery Ventures.