ASC Transactions & Valuation Issues

An 8,935-square-foot medical office building in Newport Beach, Calif., has sold for $5 million, according to a March 24 report from Connect CRE. The facility was sold by investment products provider Equity Enterprises and is 62% leased.  It is located…

Over the last 12 months, several major health systems have begun doubling down on ambulatory care as it has continued to grow in popularity and demonstrate lower costs compared to inpatient hospitals.  “Nowadays, patients don’t want to go to the…

A fully leased medical office building and ASC in Grapevine, Texas, has changed hands, according to a March 20 press release published in The Business Press. The building features eight exam and two operating rooms, totaling 17,724 square feet. It…

Brentwood, Tenn.-based Surgery Partners reported a record-breaking $3.1 billion in annual revenue, while Bain Capital’s bid to take the company private underscores private equity’s continued interest in the ASC market, according to a March 17 analysis from VMG Health. Bain’s…

Here are 20 deals in the last two years to know involving physician practice and group acquisitions: Private equity-backed groups Amazon Optum CVS  Other acquisitions to note: 

Lisa Egbert, MD, an OB-GYN, is closing her practice, the Paragon Women’s Center in Centerville, Ohio, due to financial constraints largely driven by reimbursement challenge, Spectrum News 1 reported March 19.  Dr. Egbert operated her practice for nearly 30 years,…

CVS Health is reevaluating its role in healthcare as financial pressures mount. The company, along with other major retailers, is scaling back its healthcare ambitions in response to economic and operational challenges. In 2024, CVS reported total revenues of $173.6…

As the ASC industry continues to evolve, major players are adapting their strategies to meet market demands, regulatory changes and shifting patient needs.  Three of the largest ASC operators — United Surgical Partners International, HCA Healthcare and Surgery Partners —…

A medical office building in Arlington, Va., has sold for $47 million — 6% less than the property was last traded for in 2021, according to a March 17 report from the Washington Business Journal. The eight-story Arlington Medical Center…

Independent ASCs are declining after decades of sinking reimbursement rates and soaring operational costs have forced ASC leaders and physicians to think critically about the future of their practice’s financing.  Financial stability and improved rates with payers are one of…