Category: ASC Transactions and Valuation Issues

National medical office property owner Montecito Medical finalized the purchase of the Cypress Surgery Center building in Wichita, Kan., on May 25.

A West Des Moines, Iowa, property with a medical office building was purchased by J4North from Warrington-Revell Properties for $2.5 million, Business Record reported May 25.

Private equity-backed practice management company Orthopedic Care Partners is buying an ownership stake in value-based care company ValueHealth’s ASC in The Villages, Fla.

Brentwood, Tenn.-based Surgery Partners is one of the largest ASC companies in the U.S., with more than 180 facilities and 4,000 physicians. 

Two California medical office properties were sold by real estate firm Stockdale Capital Partners for $156 million, the Los Angeles Business Journal reported May 23.

Becker’s has reported on four joint-venture ASC deals recently, including one partially owned by an independent orthopedic physician group.

Here are eight ASC and medical office building transactions totaling $109.7 million that Becker’s has reported on in the last 17 days:

Columbia, S.C.-based Prisma Health acquired the Moore Orthopaedic Clinic Outpatient Surgery Center in Lexington, S.C., according to an email shared with Becker’s May 18.

A medical office building in Clive, Iowa, was purchased for $1.6 million, Business Record reported May 18.

Global Medical REIT bought a Fairfax, Va., medical office building for $21 million, reported Commercial Observer.