ASC Transactions & Valuation Issues

Hospitals and health systems have turned their heads toward the ASC industry as a new opportunity for growth.

Oakland, Calif.-based Kaiser Foundation Health Plan has purchased a medical office building in Santa Clarita, Calif., for $67 million, according to a Jan. 23 report from the Real Deal. 

The University of Vermont Medical Center submitted a certificate of need with intention to purchase a Colchester-based medical campus owned by Covenant Health for $17.3 million. 

Surgery Ventures, HCA Healthcare's ASC business, has acquired a majority interest in two Texas ASCs. 

The Citizens' Council for Health Freedom, a nonprofit organization focused on healthcare policy, raised concerns over General Catalyst's recently announced plans to acquire Akron, Ohio-based Summa Health and its intent to convert the health system and insurance plan into a…

Nampa, Idaho-based Saltzer Health is planning to sell or shut down by March 29.

General Catalyst led a $95.5 million funding round for a Texas-based physician clinic chain in early January, and a week later the investment firm announced plans to acquire Akron, Ohio-based Summa Health.

United Surgical Partners International is the largest ASC chain in the U.S., making it a major force in the industry.

A 160,000-square-foot medical office building and ASC in Hudson, Wis., has sold to Hammes Partners, according to a Jan. 18 report from Commercial Property Executive.

Aliso Viejo, Calif.-based Nvision Eye Centers has partnered with San Antonio-based ophthalmology group Parkhurst NuVision.