ASC Transactions & Valuation Issues

Here are five of the most expensive outpatient medical facility acquisitions reported by Becker's in 2024 so far, with price tags totaling more than $1.2 billion:

Dallas-based Tenet Healthcare, parent company of ASC chain United Surgical Partners International, has had an active first quarter. 

ASCs in many markets are being affected by hospitals and health systems continuing to close campuses and shutter services as costs soar.

Here are five ASC and medical office building investments that occurred in California, as reported by Becker's since Jan. 18:

Two Bemidji, Minn.-based medical office buildings leased to Sioux Falls, S.D.-based Sanford Health have sold for $23.2 million, according to an April 17 report from Finance & Commerce.

A three-property medical office building portfolio in Minnesota and Wisconsin has sold, according to an April 17 report from REBusiness Online.

Real estate investors Cypress West and TPG Angelo Gordon have entered a joint venture that intends to acquire $300 million in medical offices across the Sun Belt over the next two years, according to an April 17 report from Commercial…

Boise, Idaho-based Primary Health Medical Group has added several providers and an ENT practice from the shuttered Nampa, Idaho-based physician group Saltzer Health.

Rite Aid will shutter 53 more locations after it filed for Chapter 11 bankruptcy and announced it will close locations last year, according to April bankruptcy court filings obtained by Becker's. 

Greenbrae, Calif.-based MarinHealth Medical Center and San Francisco-based UCSF Health have joined forces to purchase equity stakes in San Rafael, Calif.-based Marin Specialty Surgery Center, according to an April 15 report from the Marin Independent Journal.