Category: ASC Transactions and Valuation Issues

$8.2M South Carolina medical office building sold 

A medical office building in Hanahan, S.C., sold for $8.2 million, the Post and Courier reported April 30. 

SSM Health will create 1,200-physician group with St. Louis acquisition 

St. Louis-based SSM Health has acquired the SLUCare Physician Group, local NBC affiliate KSDK reported May 1. 

Steindler Orthopedic sells $11M Iowa medical office building

Steindler Orthopedic Clinic has sold the building housing its clinic in Iowa City, Iowa, for $11 million, Corridor Business Journal reported April 29. 

HCA dives deeper into urgent care market

Nashville, Tenn.-based HCA Healthcare plans to acquire BetterMed, a Fredericksburg, Va.-based chain of 12 outpatient urgent care centers, Richmond BizSense reported April 28.

Virginia medical building housing private cardiology practice acquired

The Blair Building, a 35,000-square-foot medical office in Richmond, Va., has been acquired by Flagship Healthcare Trust, an outpatient healthcare real estate investment trust.

$45M in recent ASC, medical office building sales: 4 deals to know

Here are four recent ASC and medical office building sales from the last two weeks that totaled nearly $45 million:

$15.3M Kansas ASC real estate sold

Newmark has sold the Cypress Surgery Center in Wichita, Kan., for $15.3 million, the real estate company said April 27. 

Physician-led multispecialty network lands partnership with 5-practice eye center

US Eye, a physician-led multispecialty group, has partnered with Kelly Eye Center, which has five locations throughout greater Raleigh, N.C.

$3.6M Florida medical office building sold 

A medical office building in Vero Beach, Fla., was sold for $3.6 million, ConnectCRE reported April 25. 

Optum’s multibillion-dollar acquisition spree: 3 deals to know 

Healthcare giant Optum, which owns and operates Deerfield, Ill.-based ASC management company Surgical Care Affiliates, is on an acquisition spree. The company has made three multimillion-dollar deals in 2022.