ASC Transactions & Valuation Issues
Sponsored by VMG Health | info@vmghealth.com | 214.369.4888
-
3 physician practice acquisitions in 2024
Between 2019 and 2023, 65% of acquired physician practices were purchased by private equity. The second-most-prolific acquirers were physician medical groups, which purchased 14% of private practices, according to data from the American Hospital Association. -
Tenet CEO sells $15M in stock
Dallas-based Tenet Healthcare's CEO, Saum Sutaria, MD, sold more than 100,000 shares of his stock in the company, Investing.com reported Aug. 19. -
Ascension hospital to close as Prime acquisition looms: What ASCs need to know
Chicago-based Ascension Saint Elizabeth will close and be repurposed as a community asset. -
Judge approves Steward's $245M physician group deal: 5 things ASCs need to know
A bankruptcy judge has approved the sale of financially troubled Steward Health Care's 175-physician group to Nashville, Tenn.-based Rural Healthcare Group, part of private equity firm Kinderhook Industries, for $245 million in cash. -
Tenet, Ascension, HCA & more pivot to ASCs to propel growth
Large health systems are forming partnerships and joint ventures for the development or management of ASCs as care continues to shift from inpatient to outpatient settings. -
New Jersey medical office building sells for $2.45M
An eight-tenant medical office building in Bridgewater, N.J., has sold for $2.45 million, according to an Aug. 16 report from ROI-NJ.com. -
Why Optum thrives where other companies failed
UnitedHealth Group's Optum, parent company of Deerfield, Ill.-based ASC chain SCA Health, has seen massive growth in the last few years as other big healthcare networks face obstacles in reaching large-scale profitability. -
HCA faces more pushback to expansion
Nashville, Tenn.-based HCA Healthcare, one of the largest ASC operators, is again facing pushback as it plans for expansion. This time in Central Virginia, where HCA rival Bon Secours Mercy Health of Cincinnati has a prominent presence. -
Tenet's hospital sell-off spree picks up
Dallas-based Tenet Healthcare, parent company of United Surgical Partners International, is turning its focus to ASCs as it rapidly sells hospitals. -
HCA in 2024: 5 updates
Here are five recent moves by ASC giant HCA Healthcare. -
North Carolina medical building sells for $4.7M
A medical office building in Winston-Salem, N.C., has sold for $4.7 million, according to an Aug. 14 report from the Winston-Salem Journal. -
5 healthcare disruptions this year
Here are five disruptions shaking up health systems this year: -
Why Fresenius offloaded National Cardiovascular Partners to SCA Health
Optum's ASC arm, SCA Health, quietly purchased National Cardiovascular Partners from Fresenius Medical Care in December. -
Steward physician group sold to PE-backed company for $245M
Nashville, Tenn.-based Rural Healthcare Group, part of private equity firm Kinderhook Industries, agreed to acquire financially troubled Steward Health Care's 175-physician group for $245 million in cash. -
Ohio medical building sells for $40M
A medical office building in Cincinnati has sold for $40 million, the region's most expensive publicly disclosed office transaction of the year, according to an Aug. 12 report from the Cincinnati Business Courier. -
18 JV deals in the ASC world this year
Joint venture deals are heating up in the ASC space. Here are 18 JVC deals so far this year, as reported by Becker's: -
Kamala Harris's record on healthcare consolidation
From her time as California's attorney general, Vice President Kamala Harris became known for her stance against healthcare consolidation. Hospitals, physician groups and payers looking to merge could face an uphill battle if she wins the presidential election in November. -
Will Walgreens offload VillageMD? 5 things ASCs need to know
Walgreens could sell off its stake in primary care chain VillageMD — which it acquired in 2021 in a $5.2 billion deal — according to an Aug. 7 Securities and Exchange Commission filing. -
SurgNet Health Partners acquires Alabama endoscopy center
Nashville, Tenn.-based ASC management company SurgNet Health Partners has acquired Tuscaloosa (Ala.) Endoscopy Center. -
USPI inking major deals
ASC giant United Surgical Partners International continues to grow as its parent company Tenet Healthcare reorganizes its portfolio towards ASC development.
Page 7 of 167