Category: ASC Transactions and Valuation Issues

A medical office building in Cincinnati has sold for $40 million, the region’s most expensive publicly disclosed office transaction of the year, according to an Aug. 12 report from the Cincinnati Business Courier.

Joint venture capital deals are heating up in the ASC space. Here are 18 JVC deals so far this year, as reported by Becker’s:

From her time as California’s attorney general, Vice President Kamala Harris became known for her stance against healthcare consolidation. Hospitals, physician groups and payers looking to merge could face an uphill battle if she wins the presidential …

Walgreens could sell off its stake in primary care chain VillageMD — which it acquired in 2021 in a $5.2 billion deal — according to an Aug. 7 Securities and Exchange Commission filing. 

Nashville, Tenn.-based ASC management company SurgNet Health Partners has acquired Tuscaloosa (Ala.) Endoscopy Center. 

ASC giant United Surgical Partners International continues to grow as its parent company Tenet Healthcare reorganizes its portfolio towards ASC development. 

Real estate investors Cypress West and TPG Angelo Gordon, who entered into a joint venture in April, have closed on a portfolio of six outpatient facilities on the West Coast. 

The ASC industry is historically fragmented, but one company seeing skyrocketing growth in the last five years through consolidation. 

Two medical office buildings in Paducah, Ky., have been acquired by Montecito Medical Real Estate for $15 million, according to an Aug. 7 report from REBusiness Online.

Brentwood, Tenn.-based Surgery Partners’ revenues jumped 14.2% to $762.1 million for the second quarter of 2024, according to the company’s financial report released Aug. 6.