Category: ASC Transactions and Valuation Issues

Health systems are keeping their sights set on ASCs as a means for growth.

Three medical office buildings in Stillwater, Lino Lakes and New Richmond, Wis., have been sold to healthcare real estate manager Hammes Partners, according to an April 2 report from Finance & Commerce.

Boise, Idaho-based Saint Alphonsus will acquire Saltzer Health’s ASC and two urgent care centers as the provider shutters its operations in the area, according to an April 1 report from CBS affiliate Idaho News.

Intermountain Health’s physician group Saltzer Health in Nampa, Idaho, closed March 29, a spokesperson said in a statement shared with Becker’s.

UCLA Health acquired West Hills Hospital and Medical Center, which includes a freestanding ASC, from HCA Healthcare.

Walgreens-owned VillageMD will exit Nevada and will shutter its six clinics in the state, a spokesperson told Becker’s. 

In the last week, Dallas-based Tenet Healthcare, parent company of ASC giant United Surgical Partners International, closed on two major deals selling hospitals in California. 

Optum, the parent company of SCA Health and the country’s largest employer of physicians, announced plans to acquire Dallas-based Steward Health Care’s physician group. 

Large health systems are continuing to grow as regional systems look to consolidate and prepare for the future.

Tenet Healthcare, parent company of ASC chain United Surgical Partners International, finalized an agreement March 29 to sell two hospitals to Roseville, Calif.-based Adventist Health.