St. Louis-based Ascension has sold its St. Vincent’s Health System to The University of Alabama at Birmingham Health System Authority in a deal valued at $450 million, effective Nov. 1.
Category: ASC Transactions and Valuation Issues
Atrium sells medical outpatient building
Charlotte, N.C.-based Atrium Health has sold its Atrium Medical Center Medical Outpatient Building, a medical office facility, in Middletown, Ohio, to Chicago-based Remedy Medical Properties, according to a Nov. 1 report from the Cincinnati Business Co…
Steward completes sale of physician group: 5 things to know
Financially troubled Steward Health Care has finalized the sale of its physician group to Nashville, Tenn.-based primary care provider Rural Healthcare Group, part of private equity firm Kinderhook Industries.
Tenet receives $4.8B from 14 hospital sales
Dallas-based Tenet Healthcare, parent company of ASC giant United Surgical Partners International, has sold 14 hospitals this year for more than $4.8 billion, according to an Oct. 29 third quarter earnings call.
USPI investment the 'most accretive thing to bring value' to Tenet
Tenet Healthcare is continuing to expand its investment and spending in its ASC division, Dallas-based United Surgical Partners International.
Walgreens conducts layoffs
Walgreens is laying off 256 employees from its support center as part of a strategy to realign its focus on core retail pharmacy services, a spokesperson confirmed to Becker’s in an emailed statement.
USPI inks deal with California orthopedic group
Dallas-based United Surgical Partners International, Tenet Healthcare’s ASC arm, has inked a deal with San Diego, Calif.-based Synergy Orthopedics, according to an Oct. 29 third quarter earnings call.
USPI inks deal with California orthopedic group
Dallas-based United Surgical Partners International, Tenet Healthcare’s ASC arm, has inked a deal with San Diego, Calif.-based Synergy Orthopedics, according to an Oct. 29 third quarter earnings call.
HCA's 'greenfield' ASC development strategy
Nashville, Tenn.-based HCA Healthcare’s ASC strategy is driven by “greenfield developments,” new facility constructions, along with targeted acquisitions, CEO Sam Hazen said in a third quarter earnings report transcribed by the Motley Fool.
USPI revenue hits $1.1B, up 21% in Q3
Dallas-based United Surgical Partners International, Tenet Healthcare’s ASC business, third quarter revenue hit $1.13 billion, a 21% increase from the same quarter last year, according to financial documents published Oct. 29.
