ASC Transactions & Valuation Issues

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. 

Physician services company Envision filed for Chapter 11 bankruptcy in May 2023. 

Surgery Partners has started off the year strong, seeing big financial gains.

Here are 10 medical office buildings that changed hands occurred in the Southern U.S., as reported by Becker's since March 11: 

Though the ASC market is increasingly consolidating, the majority of surgery centers are independent.

Rural health clinic McCurtain Memorial Urgent Care - Hochatown near Broken Bow, Okla., closed April 28. 

While there were no notable mega-mergers in the ASC industry in 2023, there was transaction activity by multi-site operators and health systems, according to VMG Health's 2024 Healthcare M&A Report published May 7.