Category: ASC Transactions and Valuation Issues

Health system buys $3.4M in land for Illinois campus with ASC 

HonorHealth was approved to purchase a $3.43 million plot of land in Peoria, Ill., to build an ambulatory medical campus, Peoria Times reported Feb. 25. 

Louisiana surgical hospital sold

ASCs Inc. and JH Winokur closed the sale of Avala Surgical Hospital in Covington, La., according to a Feb. 23 news release.

3 recent ASC transactions total $118M

Three ASC transactions since Feb. 17 have totaled $118 million:

Capital Digestive Care expands Virginia presence with recent transaction

Capital Digestive Care has signed a transaction with Gastroenterology, Ltd. of Virginia Beach (Va.), adding two more offices to its portfolio, according to a Feb. 23 news release shared with Becker’s.

$13.3M ASC real estate sold in Louisiana

A medical office building housing an ASC in Vidalia, La., was sold for $13.3 million, Capital Real Estate Group, which represented the seller, said Feb. 23.

The healthcare deals in the FTC’s crosshairs

Healthcare deals are heating up as costs rise to provide healthcare services without a similar increase in pay. The Federal Trade Commision is keeping a close eye on industry transactions to halt any anticompetitive behavior.

$21M medical office building housing GI, ortho practice sold

Montecito Medical Real Estate has purchased a medical office building in Virginia Beach, Va., for $21 million, Virginia Business reported Feb. 17. 

A healthcare trend priming ASCs for growth

The “shopping era” of healthcare and new price transparency requirements give patients more power than ever, a pairing that could leave ASCs poised for growth. 

IRA Capital gets $80.7M for ASC real estate acquisitions

Private equity firm IRA Capital landed $80.7 million in financing from First Citizens Bank for ASC property acquisitions in Florida and Louisiana.

California private equity firm advances growth strategy

Irvine, Calif.-based private equity firm IRA Capital has acquired Serra Medical Plaza in Thousand Oaks, Calif.