Tenet Healthcare's ASC powerhouse United Surgical Partners International is a "top capital priority," CEO Saum Sutaria, MD, said July 23 during the company's second quarter earnings call transcribed by Seeking Alpha.
ASC Transactions & Valuation Issues
Dallas-based United Surgical Partners International, Tenet Healthcare's ASC business, second quarter revenue hit $1.14 billion, a 21.1% increase from the same quarter last year.
Here are three of the biggest healthcare disruptors in the race to acquire physicians:
A medical office building in Aiken, S.C., has sold for $4.125 million, according to a July 22 report from the Aiken Standard.
A 12,750-square-foot medical office building in Lafayette, Ind., has sold for $2.6 million, according to a July 17 report from ConnectCRE.
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Nashville, Tenn.-based HCA Healthcare has inked three major hospital deals and opened two ASCs so far this year.
Amid scrutiny from the Federal Trade Commission and other factors, at least three major healthcare deals have been scrapped since December
In July 2023, medical staffing company American Physician Partners announced that it would close and transition its hospital contracts.
Hospitals continue to look to ASCs as outpatient surgery becomes more popular and the need to cut costs grows.
Optum earned $62.9 billion in total revenue in the second quarter of 2024 — an increase of 11.7% year over year, according to the company's financial report.