Category: ASC Transactions and Valuation Issues

US ASC market to reach $60B by 2030

The ASC market in the U.S. is projected to reach $60.8 billion by 2030, up from the most recent valuation of $40.4 billion from 2023.

What ASCs need to know about Ascensions' selling spree 

St. Louis-based Ascension saw a $3 billion operating loss in fiscal year 2023, and its sustainability strategy includes selling off major hospitals in their system.  

San Antonio medical building changes hands

A 58,000-square-foot medical office building in San Antonio has sold, according to a July 10 report from Commercial Property Executive.

California medical office building sold for $11.6M

A 37,000-square-foot medical office building in Chula Vista, Calif., was sold for $11.6 million, according to a July 10 report from Commercial Property Executive.

California building with Sutter Health ASC doubles in price

A four-story medical office building has sold in East Sacramento, Calif., doubling in price in just 13 years, according to a July 8 report from the Sacramento Business Journal.

North Carolina medical buildings sell for $73M

A Florida-based real estate investment firm has purchased six medical office buildings in Greensboro, N.C., for $73 million, according to a July 2 report from the Triad Business Journal.

3 medical office buildings changing hands in 1 week

The outpatient care industry has been active in 2024 with practice closures, clinics changing hands and the development of new centers. 

5 numbers on ASC consolidation

Nearly 2,000 ASCs are now partnered with a national operator — indicative of a shifting ownership landscape in the outpatient space.

Who's dominating the ASC market?

While independent ASCs have a steady hold on the market, with 68.1% of centers being freestanding, big chains continue to grow their market share as healthcare continues to consolidate. 

Walmart health centers officially close: 5 things ASCs need to know 

As of June 28, all 51 Walmart health centers have closed.