• Walgreens to close more clinics, reduce VillageMD stake 

    In June, Walgreens announced plans to reduce its stake in primary care clinic chain VillageMD and to shutter underperforming stores in the next few years. 
  • 10 things to know about Steward's fraud, corruption investigation

    Dallas-based Steward Health Care, which filed for bankruptcy May 6, is under criminal investigation by federal prosecutors. 
  • Excel Health acquires California ASC

    Healthcare management company Excel Health has acquired Journey Surgery Center in Aliso Viejo, Calif. 
  • Bothwell Regional Health Center purchases medical office building, relocates services

    Sedalia, Mo.-based Bothwell Regional Health Center has purchased a medical office building that formerly housed the Women’s Health and Surgical Center, according to a July 15 report from KSIS Radio.
  • Colorado medical office building sells for $2.5M

    A single-tenant medical office building in Montrose, Colo., has sold for $2.5 million, according to a July 15 report from REBusiness Online.
  • Who's buying Optum's ASCs?

    After UnitedHealth Group, parent company of Optum, reached 90,000 affiliated physicians at the end of 2023, it became the largest employer of physicians in the U.S. — sparking industrywide discussions of the risks of consolidation and monopolies. While the company has acquired physician practices and ASCs this year, it has also ended service lines and offloaded centers.
  • 20 massive physician group deals shaping the industry

    Facing increasing obstacles to access economies of scale, including rising practice costs and decreasing reimbursement, physician groups are increasingly consolidating. 
  • US ASC market to reach $60B by 2030

    The ASC market in the U.S. is projected to reach $60.8 billion by 2030, up from the most recent valuation of $40.4 billion from 2023.
  • What ASCs need to know about Ascensions' selling spree 

    St. Louis-based Ascension saw a $3 billion operating loss in fiscal year 2023, and its sustainability strategy includes selling off major hospitals in their system.  
  • San Antonio medical building changes hands

    A 58,000-square-foot medical office building in San Antonio has sold, according to a July 10 report from Commercial Property Executive.
  • California medical office building sold for $11.6M

    A 37,000-square-foot medical office building in Chula Vista, Calif., was sold for $11.6 million, according to a July 10 report from Commercial Property Executive.
  • California building with Sutter Health ASC doubles in price

    A four-story medical office building has sold in East Sacramento, Calif., doubling in price in just 13 years, according to a July 8 report from the Sacramento Business Journal.
  • North Carolina medical buildings sell for $73M

    A Florida-based real estate investment firm has purchased six medical office buildings in Greensboro, N.C., for $73 million, according to a July 2 report from the Triad Business Journal.
  • 3 medical office buildings changing hands in 1 week

    The outpatient care industry has been active in 2024 with practice closures, clinics changing hands and the development of new centers. 
  • 5 numbers on ASC consolidation

    Nearly 2,000 ASCs are now partnered with a national operator — indicative of a shifting ownership landscape in the outpatient space.
  • Who's dominating the ASC market?

    While independent ASCs have a steady hold on the market, with 68.1% of centers being freestanding, big chains continue to grow their market share as healthcare continues to consolidate. 
  • Walmart health centers officially close: 5 things ASCs need to know 

    As of June 28, all 51 Walmart health centers have closed. 
  • New Jersey medical office building sells for $13.5M

    A medical office building in Livingston, N.J., has sold for $13.5 million, according to a July 1 report from roi-nj.com.
  • Optum, Steward physician group deal called off

    Optum, parent company of ASC chain SCA Health, has called off its plan to acquire financially troubled Steward Health Care's 1,700-physician group, The Boston Globe reported June 27.
  • Stamford signs Connecticut medical building lease

    Stamford (Conn.) Hospital's corporate parent, Stamford Health, has signed a lease for a 65,667-square-foot medical office building, according to a June 26 report from the Stamford Advocate.

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