Category: ASC Transactions and Valuation Issues

What to know about USPI

Dallas-based United Surgical Partners International, an affiliate of Tenet Healthcare, is the nation’s largest ASC chain. As of March 31, the company had an interest in 404 ambulatory surgery centers and 24 surgical hospitals in 34 states.

Optum ups offer 223% in bid for physician group

Optum received clearance to buy a 30-location independent physician organization in Massachusetts after significantly increasing the amount it intends to pay for and invest in the group, according to The Boston Globe.

How USPI’s integration of SurgCenter Development is going

Dallas-based United Surgical Partners International reported same-facility systemwide growth in the first quarter of 2022, despite cases being canceled due to the omicron variant and intense efforts to integrate newly acquired ASCs from SurgCenter Deve…

$8M North Carolina medical office building sold

Kayne Anderson Real Estate Advisors purchased a medical office building in Winston-Salem, N.C., for $8.15 million, Triad Business Journal reported April 21. 

EyeSouth Partners hits 30 affiliations

EyeSouth Partners has reached 30 affiliations after completing an affiliation with Center for Sight of Northwest Florida in Pensacola, according to an April 21 news release shared with Becker’s.

$17.9M Phoenix medical office building sold 

Real estate company Meridian has sold a medical office building in Phoenix for $17.9 million, REBusiness reported April 20. 

129 physician medical group acquisitions in first quarter of 2022

The healthcare merger and acquisition market remained strong in the first quarter of 2022, coming off a record fourth quarter in 2021.

Private practice physicians drop to 26%

Hospitals and corporate entities continued their buying spree of physician practices last year, which experienced a steep increase after the pandemic set in, according to an April 2022 report from Avalere.

15K-square-foot ASC property sold

Real estate firm Montecito Medical purchased the building housing St. Joseph (Mo.) Outpatient Surgery Center, REBusiness Online reported April 18.

$1B joint venture sets sights on ASCs, medical office buildings

Big Sky Medical, a real estate investment manager, and Newmark, a real estate advisory and services company, have partnered to create a medical office building portfolio worth $1 billion, Commercial Property Exclusive reported April 18.