Category: ASC Transactions and Valuation Issues

A building housing Eye Consultants of Texas & Lonestar Ambulatory Surgery Center in Grapevine has been sold. 

The ASC industry continues to see rapid consolidation, investment and strategic partnerships as healthcare organizations seek to expand their market presence.

From layoffs to leadership moves, here are five updates from Oakland, Calif.-based Kaiser Permanente from the last month:

Despite concerns within the healthcare industry over proposed cuts to Medicaid, Brentwood, Tenn.-based Surgery Partners executives said they do not perceive the cuts as a threat, according to a March 3 earnings call transcribed by Seeking Alpha. 

Brentwood, Tenn.-based Surgery Partners opened eight de novo facilities in 2024, with 12 facilities in various stages,  according to a March 3 earnings call transcribed by Seeking Alpha. 

As healthcare consolidation accelerates, ASCs and hospitals are increasingly looking to collaborate on partnerships and joint ventures to spark mutual growth. 

Ontario, Calif.-based Prime Healthcare has completed the acquisition of several Ascension Illinois facilities, including two ASCs. 

Medical outpatient buildings are projected to see double-digit growth over the next five years, according to a March 4 report by JLL Research.

The ASC industry continued to expand in 2024, with major players pursuing aggressive growth strategies through acquisitions, joint ventures and de novo developments. 

Here are three hospitals and health systems investing in ASCs, as reported by Becker’s: