ASC Transactions & Valuation Issues
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New Jersey medical office building sold for $24M
A medical office building in Jackson, N.J., was acquired by real estate firm Horizon Equities for $24 million, according to a Jan. 4 report from NJBiz. -
Compass Surgical Partners' 2023 partnership boom
On Jan. 4, management services organization Compass Surgical Partners announced a joint venture with Jacksonville, Fla.-based Baptist Health to launch a network of ASCs. This is one of several joint ventures Compass has secured in the last year as it continues to spread nationwide. -
3 physician groups, 3 hospitals & Uber: Optum 2023 deals
Optum's 2023 deals included health systems, physician groups, technology groups and Uber. -
Phoenix medical office building sells for $46M
Big Sky Medical has acquired a $46 million medical office building in Phoenix, Ariz., according to a Jan. 4 report from the Commercial Property Executive. -
Baptist Health, Compass Surgical Partners to launch ASC network
Jacksonville, Fla.-based Baptist Health has partnered with ASC management organization Compass Surgical Partners to launch a network of ASCs that will be branded as Horizon Surgery Center. -
Florida medical office building sells for $8.3M
The West Palm Medical Plaza medical office building in West Palm Beach, Fla., has sold for $8.3 million, according to a Jan. 3 report from REBusiness Online. -
Optum eyes physician-owned clinic acquisition
Optum, parent company of ASC chain SCA Health, is eyeing the acquisition of the physician-owned Corvallis (Ore.) Clinic, according to a Dec. 28 notice from the Oregon Health Authority. -
Hospitals close clinics as financial pressures mount
Hospitals continue to face financial headwinds heading into 2024, and some are closing clinics or reducing outpatient services as a result. -
Tenet calls off hospital deal and 2 more updates
Here are three major updates since Nov. 17 from Dallas-based Tenet Healthcare, parent company of ASC chain United Surgical Partners International, the largest ASC chain in the country. -
HCA's earnings in 2023: A breakdown
Nashville, Tenn.-based HCA Healthcare has more than 150 ASCs, making it the fourth-largest outpatient surgery center operator nationwide. -
4 tenants join Texas medical office building
A recently constructed medical office building in Alamo Heights, Texas, has filled up following the addition of four new physician practice tenants, according to a Dec. 18 report from the San Antonio Business Journal. -
Legacy Health sells medical office building for $60.5M
Portland-based Legacy Health has sold a medical office building on its Legacy Emanuel Medical Center campus for $60.5 million, according to a Dec. 14 report from The Oregonian. -
Optum's 90,000 physicians: What consolidation could mean for medicine
UnitedHealth Group, parent company of Optum, now employs, contracts or aligns with roughly 90,000 physicians in the country, according to a Dec. 14 report from Medscape. -
OrthoVirginia building sold for $8.5M
A medical office building housing an OrthoVirginia practice in Ashburn, Va., was sold for $8.5 million, ReBusiness Online reported Dec. 14. -
10 of the most interesting ASC industry deals of 2023
Here are 10 of the most interesting deals completed in the ASC space that Becker's reported on in 2023: -
USPI vs. SCA Health vs. AmSurg: How they compare in 2023
United Surgical Partners International, SCA Health and AmSurg are three of the biggest ASC chains. Here is how they compare based on their number of ASCs and affiliated physicians: -
Optum's earnings in 2023: A breakdown
Optum's ASC operator branch, SCA Health, now has more than 320 surgical facilities and 9,200 physicians. -
The market trends crucial to ASC success in 2024
Joe Peluso, administrator at Aestique Surgical Center in Greensburg, Pa., joined Becker's to discuss market trends affecting success in ASCs, particularly independent organizations. -
Arkansas health system to close 2 clinics: What ASCs need to know
Harrison-based North Arkansas Regional Medical Center plans to close two clinics and an urgent care center, KY3 reported Dec. 1. -
Surgery Partners forms joint venture with Nevada Surgical Suites
Surgery Partners entered a joint venture with Nevada Surgical Suites.
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