Small businesses, including physician offices, are the new targets for real estate investors, according to The Wall Street Journal.
Category: ASC Transactions and Valuation Issues
Tennessee medical office building sells for $12M
Montecito Medical Real Estate has acquired a medical office building in Chesterfield, Va., for $12 million, Virginia Business reported March 25.
What’s driving long-term ASC growth: MedPAC
The total number of ASCs jumped 2 percent between 2019 and 2020, according to the March Medicare Payment Advisory Commission report.
$6.75M Arkansas building with ASC sold
A medical office building housing an ASC in Rogers, Ark., was sold for $6.75 million, Talk Business & Politics reported March 27.
St. Louis medical office building sold in $20M deal
Two buildings, including a medical office building, in St. Louis were sold to a New York developer for $20 million, the St. Louis Business Journal reported March 22.
Here’s where ASCs have the highest earnings
ASCs in the South and Mountain region earn the most, according to VMG Health’s “Multi-Specialty ASC Benchmarking Study” for 2022.
5 largest ASC companies: 11-year growth breakdown
United Surgical Partners International, AmSurg, Surgical Care Affiliates, SurgCenter Development and Surgery Partners are ASC-exclusive companies with the most centers.
New York health system eyes $23.3M ASC acquisition
Buffalo, N.Y.-based Catholic Health is seeking state approval to acquire a majority interest in the Ambulatory Surgery Center of Western New York in Amherst, The Buffalo News reported March 21.
$17.1M medical office building portfolio acquired
Cypress West Partners has acquired a medical office building portfolio in Henderson, Nev., a Las Vegas suburb, Bear Real Estate Advisors, who represented the buyer, said March 21.
3 medical office building sales totaling $22M
The sale of three medical office buildings totaling $22 million were reported in the last week:
