Category: ASC Transactions and Valuation Issues

Ochsner LSU Health snaps up physician group

Shreveport, La.-based Ochsner LSU Health has signed an agreement to acquire Regional Urology, an eight-physician group, ABC affiliate KTBS3 reported March 8.

Texas Health partners with 3 orthopedic private practices

Texas Health Hospital Mansfield is partnering with three orthopedic private practices, D Magazine reported March 8.

Physicians sell $6.2M Wisconsin medical office building 

The Advocate Aurora Health Medical Building in Kenosha, Wis., was sold for $6.2 million to a commercial real estate investment company, according to Healthcare Real Estate Insights.

ASC-focused real estate company’s investment sales hit $312M+ in 2021 

HREA | Healthcare Real Estate Advisors advised on the sale of 27 healthcare real estate projects totaling $312 million in 2021, the company said March 5.

Cardiologists sell New York medical office building for $11.5M 

A medical office building in Saratoga Springs, N.Y., was sold to an investor for $11.5 million, the Albany Business Review reported March 3. 

120,000-square-foot office building to be converted to lab

A 120,000-square-foot office building in Andover, Mass., has been acquired and will be converted into a lab, according to a March 3 Boston Real Estate Times article.

Ophthalmology property sold for $1.34M

A 5,096-square-foot medical office property housing Dearborn (Mich.) Ophthalmology was sold for $1.34 million, according to a March 4 REjournals article.

11 ASC real estate sales in the last 30 days

From Arizona to Georgia, here are 11 ASC sales reported by Becker’s ASC Review in the last 30 days:

Surgery Partners adds 24% more physicians in Q4: 8 earnings call insights

Nashville, Tenn.-based Surgery Partners added 24 percent more physicians in the fourth quarter compared to the same quarter in 2020.

Surgery Partners earnings jump 32%: 7 notes

Brentwood, Tenn.-based Surgery Partners’ adjusted earnings before interest, taxes, depreciation and amortization jumped 32.3 percent in 2021 over the prior year period, to $339.6 million.