ASC Transactions & Valuation Issues
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Novant-CHS deal called off: What ASCs need to know
Winston-Salem, N.C.-based Novant Health called off its planned $320 million acquisition of two North Carolina hospitals from Community Health Systems. -
What's new with Rite Aid?
After filing for bankruptcy in October, Rite Aid has since made several moves to close clinic locations and restructure leadership. -
Optum, HCA, Tenet fight for ASC market share
Although the ASC industry is largely fragmented, big players like Tenet Healthcare, HCA Healthcare and Optum are chipping away at ownership as procedures migrate to the outpatient setting. -
10 healthcare bankruptcies to know
Healthcare bankruptcies spiked in 2023 as debt levels and interest rates rose. -
The ASC megamergers that shaped the industry
The ASC industry went through a series of megamergers between 2015 and 2018 which reshaped the industry, according to VMG Health's 2024 Healthcare M&A Report published May 7. -
Arizona medical office building sells for $7.3M
A medical office building in Chandler, Ariz., has sold for $7.3 million, according to a June 15 report from KTAR News. -
HCA, Kaiser Permanente & more: 10 health systems getting bigger in 2024
Here are 10 of the large health systems who have inked deals to acquire hospitals so far in 2024: -
The closure of Walmart Health: 5 key notes
Walmart Health announced April 30 that it is closing all 51 of its clinics and shutting down its virtual care options. -
Missouri medical office building sells for $3.8M
A Mercy Health medical office building in St. Peters, Mo., has sold for $3.8 million, according to a June 13 report from REBusiness Online. -
California health systems have their eyes on ASCs
Here are five ASCs in California that have been acquired or announced within the last three months, as reported by Becker's since March 5: -
6K-square-foot New Jersey medical office building sells
A two-story, 6,000-square-foot medical office building in Teaneck, N.J., has sold, according to a June 11 report from roi-nj.com. -
Optum, Tenet further consolidate
Optum, parent company of SCA Health, and Tenet Healthcare, parent company of United Surgical Partners International, have made big moves in the last year, continuing their consolidation of both physicians and ASCs. -
Optum offloading, shuttering services: 5 things to know
Optum, parent company of ASC chain SCA Health, has announced it's shuttering services, selling its settlement solutions business and closing a clinic. -
Michigan medical office building sells for $9M
A 36,338-square-foot medical office building in Novi, Mich., has sold for $9.3 million, according to a June 7 report from REBusiness Online. -
10 biggest ASC chains by number of centers
United Surgical Partners International and SCA Health rank No. 1 and No. 2, respectively, as ASC companies with the most centers. -
Where Optum's potential acquisition of Steward's 1,700-physician group stands
Optum, the parent company of ASC chain SCA Health, announced plans to acquire bankrupt Dallas-based Steward Health Care's physician group, Stewardship Health, in March. -
Surgery Partners leader sells 6,000 shares of company stock
Surgery Partners' National Group President Bradley Owens sold 6,000 shares of the company's common stock, according to a May 31 Securities and Exchange Commission filing. -
7 medical office building deals totaling $121M+
Here are seven medical office building deals that total more than $121 million that Becker's has reported on since May 1: -
Tenet moves to ink 30-year lease with California hospital: What ASCs need to know
Tenet Healthcare, parent company of ASC giant United Surgical Partners International, is one step closer to securing a 30-year lease for the 387-bed Desert Regional Medical Center in Palm Springs, Calif., the Desert Sun reported. -
130K-square-foot Texas medical office building sold
A 130,000-square-foot medical office building in Austin, Texas, has been acquired by Stockdale Capital Partners, according to a May 29 report from Commercial Property Executive.
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