Category: ASC Transactions and Valuation Issues

Who's buying Optum's ASCs?

After UnitedHealth Group, parent company of Optum, reached 90,000 affiliated physicians at the end of 2023, it became the largest employer of physicians in the U.S. — sparking industrywide discussions of the risks of consolidation and monopolies. While…

20 massive physician group deals shaping the industry

Facing increasing obstacles to access economies of scale, including rising practice costs and decreasing reimbursement, physician groups are increasingly consolidating. 

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.