ASC Transactions & Valuation Issues

Here are 10 acquisitions of ASCs and medical buildings that occurred last month, as reported by Becker's in November:

Central Maine Health Ventures, a subsidiary of Auburn-based Central Maine Healthcare, is attempting to acquire full ownership of its ASC, Central Maine Orthopaedics Ambulatory Surgical Center in Auburn, according to a Dec. 1 report from the Sun Journal.

ASC chain AmSurg has undergone a metamorphosis in 2023.

Here are three major practice and care center closures on which Becker's reported in November:

Tampa (Fla.) General Hospital has completed the $290 million purchase of Bravera Health properties in Citrus and Hernando from Community Health Systems, which include two ASCs, according to a Dec. 1 report from Health News Florida.

With a year filled with deals, partnerships and acquisitions, ASC chain Surgery Partners has been anything but passive in 2023. 

Atkins Companies has signed tenancy agreements with three medical practices at its West Orange, N.J.-based Washington Medical Arts Building, moving closer to filling its 70,000 square feet of space, according to a Nov. 29 report from NJBiz.

Healthcare Finance, a First Citizens Bank business, has helped facilitate two medical office building transactions totaling $99.3 million. 

Optum now has nearly 90,000 employed and affiliated physicians, CEO Amar Desai, MD, said during a presentation at UnitedHealth Group's 2023 investor conference on Nov. 29. 

A two-building medical office portfolio in Libertyville, Ill., has been acquired by an affiliate of Stage Equity Partners, according to a Nov. 29 report from Commercial Property Executive.