Category: ASC Transactions and Valuation Issues

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. 

New Jersey medical office building sells for $13.5M

A medical office building in Livingston, N.J., has sold for $13.5 million, according to a July 1 report from roi-nj.com.

Optum, Steward physician group deal called off

Optum, parent company of ASC chain SCA Health, has called off its plan to acquire financially troubled Steward Health Care’s 1,700-physician group, The Boston Globe reported June 27.

Stamford signs Connecticut medical building lease

Stamford (Conn.) Hospital’s corporate parent, Stamford Health, has signed a lease for a 65,667-square-foot medical office building, according to a June 26 report from the Stamford Advocate.