Category: ASC Transactions and Valuation Issues

Senate report blasts PE ownership in healthcare: 10 things to know

A Jan. 7 bipartisan Senate report titled “Profits Over Patients: The Harmful Effects of Private Equity on the U.S. Health Care System” heavily scrutinized private equity involvement in healthcare, particularly in underserved and rural communities. 

California nonprofit buys Central Maine Healthcare

Lewiston-based Central Maine Healthcare will be acquired by Ontario, Calif.-based Prime Healthcare Foundation pending regulatory approval, WMTW reported Jan. 8.

Where Walgreens stands in 2025

Walgreens Boots Alliance faced major headwinds into 2024 as the company confronted significant challenges in its efforts to expand into primary care. 

California medical office building sold for $30M

A medical office building in Novato, Calif., has sold for $30.05 million, according to a Jan. 4 report from the North Bay Business Journal.

5 hospitals consolidating

Here are five hospitals consolidating since Dec. 25, as reported by Becker’s:

2 real estate companies partner on $150M ASC joint venture

Fort Street Partners and Chestnut Healthcare Real Estate have formed a joint venture to acquire and develop $150 million in outpatient medical and surgery centers over the next four years, according to a Jan. 3 report from the Commercial Property Execu…

Optometrist buys MOB housing Atrium Health Wake Forest Baptist

A medical office building leased by an Atrium Health Wake Forest Baptist clinic has been purchased by a Raleigh, N.C.-based optometrist, according to a Dec. 26 report from the Triad Business Journal.

5 largest ASC chains by number of physicians

Tenet Healthcare’s United Surgical Partners International is the largest ASC chain in the country by number of physicians. 

Optum, Amedisys extend merger deadline amid legal challenge 

Optum and home health provider Amedisys have extended the deadline for their proposed $3.3 billion merger amid a legal challenge from the Department of Justice. 

Where healthcare private equity legislation has fallen short

California and Massachusetts both attempted to pass legislation that would tighten regulations around private equity transactions in healthcare, but it is unlikely that either state will see the proposed bills become law before the end of 2024, Bloombe…