ASC Transactions & Valuation Issues
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Louisiana hospital sells surgery center for $8.95M
Baton Rouge, La.-based Our Lady of the Lake Regional Medical Center sold its ASC in the same city for $8.95 million, The Advocate reported Nov. 11. -
USPI vs. Surgery Partners vs. SCA Health in Q3: 9 financial notes
Dallas-based United Surgical Partners International, Brentwood, Tenn.-based Surgery Partners and Optum, parent company of ASC chain SCA Health, all reported revenue gains in the third financial quarter. -
USPI's $1.2B SurgCenter deal: How one of the industry's biggest acquisitions is unfolding
In November 2021, Dallas-based Tenet Healthcare, parent company of ASC chain United Surgical Partners International, said it would acquire SurgCenter Development and its more than 90 ASCs for approximately $1.2 billion. -
Surgery Partners revenue up 11% in Q3: 6 notes
Brentwood, Tenn.-based Surgery Partners raked in $620.6 million during the third quarter, according to financial results posted Nov. 8. -
Kaiser Permanente's $1.5B Q3 loss: What ASCs need to know
Oakland, Calif.-based Kaiser Permanente reported a net loss of $1.5 billion for the third quarter. -
$5.8M paid for ophthalmology ASC property
A Youngstown, Ohio-based ophthalmology office and ASC were acquired for $5.8 million, Business Journal Daily reported Nov. 4. -
Cleveland medical office building with GI center acquired for $10.7M
A 34,519-square-foot medical office building in Brunswick, Ohio, was sold to Remedy Medical Properties and Kayne Anderson Real Estate for $10.7 million, Rebusiness Online reported Nov. 3. -
Biggest ASC deals in October
The five biggest deals in October that ASC leaders need to know: -
$15M Massachusetts medical office building acquired
A medical office building in Braintree, Mass., has been acquired for $15.1 million, ConnectCRE reported Oct. 31. -
Extend clinical capacity and patient engagement to improve outcomes and revenue
Surgery centers and outpatient clinics can increase revenue capture by relying on digital engagement tools for pre-operative and post-operative outreach -
44,000-square-foot Indianapolis medical office building sold
A 44,000-square-foot medical office building in Indianapolis has been sold, REBusiness Online reported Oct. 28. -
Amazon's $3B Q3 loss: What ASCs need to know
Amazon reported a $3 billion net loss for the year through the nine months ending Sept. 30 -
The state of the ASC industry: 3 earnings call notes from HCA, USPI & SCA Health
United Surgical Partners International, SCA Health and HCA Healthcare are all indicating different growth strategies in the company's third quarter earnings calls. -
4 AmSurg ASCs named America's best
Four AmSurg ASCs made Newsweek's "America's Best Ambulatory Surgery Centers," which ranks 510 of the more than 5,000 Medicare-certified ASCs in the country. -
Optum vs. Tenet: How ASC strategies are shifting
Tenet Healthcare, parent company of ASC chain United Surgical Partners International, and Optum, parent company of ASC chain SCA Health, are looking at different ASC growth strategies as the year comes to a close. -
Site of $34M medical office building wins economic revitalization designation in Iowa
The site of a $34 million medical office building in Westerfield, Iowa, has been approved as an economic revitalization area, Current reported Oct. 17. -
Hammes Partners buys Idaho hospital building
Hammes Partners has purchased the Post Falls, Idaho-based Northwest Speciality Hospital building, which includes a physician-owned surgical hospital, six affiliated medical office buildings and 7.54 acres of developable land. -
USPI acquisition pipeline 'strong' despite slower-than-expected growth: 5 earnings call notes
United Surgical Partners International executives revealed the company is behind on its year-long growth plan in an Oct. 20 third quarter earnings call from Tenet Healthcare, USPI's parent company. -
California medical office building sold for $30M
Agora Realty and Management in Calabasas, Calif., acquired a 75,000-square-foot medical office building in Tarzana, Calif., for $30 million, San Fernando Valley Business Journal reported Oct. 17. -
Flagship Health acquires Destin Surgery Center
Real estate firm Flagship Healthcare Trust acquired Destin (Fla.) Surgery Center, according to an Oct. 25 announcement in The Destin Log.
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