ASC Transactions & Valuation Issues
Sponsored by VMG Health | info@vmghealth.com | 214.369.4888
-
USPI revenue jumps 16.7%: 6 notes
Dallas-based United Surgical Partners International, Tenet Healthcare's ASC chain, hit $941 million in third-quarter operating revenue, an increase from $806 million the year prior, according to financial results released Oct. 30. -
Arizona building housing pain institute acquired
A medical office building in Tucson, Ariz., housing the Pain Institute of Southern Arizona has been acquired by Montecito Medical. -
What hospitals closures mean for physicians
Seven physician leaders joined Becker's to discuss how increasing hospital closures and service line cuts are — or are not — affecting physicians. -
USPI has 30 de novo ASCs in pipeline, sees 'consistently positive' M&A environment
Dallas-based United Surgical Partners International, part of Tenet Healthcare, had a successful third quarter with continued service line and revenue growth. -
Mergers, acquisitions and bankruptcy: 8 ASC transactions you might have missed in October
From bankruptcy filings to management company acquisitions, here are eight major ASC transactions Becker's has reported on in the last 30 days: -
Community Healthcare Associates buys former Vonage headquarters for $17.5M
Community Health Associates affiliate 23 Main Street Propco has purchased the former headquarters of telecommunications company Vonage in Holmdel, N.J., for $17.5 million, according to an Oct. 30 report from APP. -
Amazon's prescription drones & 3 more updates
Online commerce giant and healthcare disruptor Amazon has made huge moves in healthcare recently. -
HCA 'unfavorably impacted' by its physician staffing deal: 5 things ASCs should know
Nashville, Tenn.-based HCA Healthcare's third-quarter financial results were "unfavorably impacted" by its physician staffing joint venture, CEO Sam Hazen said during an Oct. 24 earnings call transcribed by Seeking Alpha. -
Physician-owned hospitals by the numbers
Physician-owned hospitals have recently been the target of resistance from major hospital groups as lawmakers push a bill that would repeal the Affordable Care Act's restrictions on POHs. -
3 medical office buildings sell for a total of $87.25M
Here are three medical office buildings that have recently sold for a total of $87.25 million: -
Minnesota medical office building acquired for $9.8M
A 32,711-square-foot medical office building in Woodbury, Minn., has been acquired for $9.8 million, according to an Oct. 25 report from Commercial Property Executive. -
Surgery Partners adds NorCal Orthopedic Surgery Center
Management services organization Surgery Partners has partnered with San Ramon, Calif.-based NorCal Orthopedic Surgery Center. -
HCA outpatient revenue jumps 37% while operating income dips
Nashville, Tenn.-based HCA Healthcare reported a 37.4 percent jump in outpatient revenue in the third quarter while its operating income was down 4.1 percent from the previous year. -
The consolidation of physicians: 3 moves to know
Physicians are increasingly moving to employed models – from 2019 to 2021, more than 108,700 physicians left private practice for employment opportunities, according to a report from Avalere. -
Optum's biggest deals of 2023
UnitedHealth Group's Optum has had a busy year. -
96K-square-foot Ohio medical office building sells
A 96,262-square-foot medical office building in Maple Heights, Ohio, has sold, according to an Oct. 25 report from REJournals. -
What to know about Envision's ASC ownership swap
In May, ASC operator and physician services company Envision Healthcare filed for Chapter 11 bankruptcy. As a result of the filing, Envision's ASCs are set to swap owners. -
SurgNet acquires 2 ASCs
New-to-market ASC management and development company SurgNet Health Partners has acquired two ASCs within its first 45 days of funding: Dearborn, Mich.-based Executive Ambulatory Surgery Center and Warren, Ohio-based Lippy Surgery Center. -
Florida medical office building sold for $18.5M
A Coral Gables, Fla.-based medical office building originally constructed in 1954 has sold for $18.5 million, according to an Oct. 20 report from ConnectCRE. -
Physician-owned hospitals could save $1B per year
Physician-owned hospitals saved $1.1 billion in 2019 compared to traditional facilities, according to a recent report analyzing the cost of 20 of the most expensive conditions for Medicare patients.
Page 12 of 155