Category: ASC Transactions and Valuation Issues

5 health systems selling off health facilities in the last year

Here are five health systems that have sold facilities in the last year:

Optum to acquire Steward physician group

Optum, parent company of ASC chain SCA Health, will acquire financially troubled Dallas-based Steward Health Care’s physician group, The Boston Globe reported March 26. 

MyMichigan Health to acquire Ascension ASC, 3 other locations

MyMichigan Health is set to acquire Ascension’s Michigan locations in Saginaw, Tawas and Standish.

Inside CVS' physician acquisition strategy

CVS Health is one of the top contenders in the race to acquire physicians. 

$1.8B in 3 years: The acquisitions driving Tenet's growth   

Tenet Healthcare, parent company of ASC chain Dallas-based United Surgical Partners International, has inked more than $1.8 billion in acquisitions since 2021, Tenet said in its annual report filed with the SEC on Feb. 16.

TriasMD acquires Thousand Oaks Surgery Center

TriasMD, parent company of Newport Beach, Calif.-based DISC Sports & Spine Center, acquired Thousand Oaks (Calif.) Surgery Center.

2 medical office building updates in Illinois

Here are two recent updates on medical office buildings in Illinois:

2 medical office building deals in New York

Here are two recent updates on medical office buildings in New York:

Physician-owned company acquires 11 practices from Walgreens 

Boston-based management company Arches Medical Partners has acquired 11 practices previously owned by Walgreens’ VillageMD. 

Arizona ASC sells for $15.4M

An ASC next to East Mesa, Ariz.-based Banner Baywood Medical Center was sold to Omaha, Neb.-based NewStreet Properties, The Mesa Tribune reported March 20.