Category: ASC Transactions and Valuation Issues

What's happened since Walgreens' $8.9M acquisition of Summit Health 

It has been more than one year since VillageMD, majority owned by Walgreens, completed its acquisition of Summit Health-CityMD in January 2023. 

Optum's emergency acquisition of physician-owned clinic approved 

Optum, parent company of ASC chain SCA Health, received approval to bypass a state review of its planned purchase of physician-owned Corvallis (Ore.) Clinic, the Oregon Health Authority said March 13.

USPI acquired 31 ASCs for $149M in 2023

Dallas-based United Surgical Partners International, the largest ASC chain in the country and Tenet Healthcare’s ambulatory arm, acquired 20 ASCs in 2023, the health system said in its annual report filed with the SEC Feb. 16.

Optum looks to fast-track controversial acquisition of physician-owned clinic

Optum, parent company of ASC chain SCA Health and the country’s largest employer of physicians, is aiming to fast-track its proposed purchase of the physician-owned Corvallis (Ore.) Clinic. 

Rhode Island medical office building sells for $8.1M

A medical office building in Warwick, R.I., has sold for $8.1 million, according to a March 12 report from Providence Business Journal.

6K-square-foot Texas medical office sells

A 5,883-square-foot medical office building in Allen, Texas, a suburb of Dallas, has sold, according to a March 11 report from REBusiness Online. 

$209M for the 5 most expensive medical office building deals in 2024

Here are the five most expensive medical office building deals Becker’s has reported on since Jan. 1:

New real estate entity to focus on Midwestern medical office building acquisition

Illinois-based AXSYS Capital has started a fund, the AXSYS Capital Fund I, that will specialize in acquiring Midwestern medical office buildings, according to a March 11 report from the Commercial Property Executive.

Massachusetts medical office building sold for $2M

A medical office building in Shrewsbury, Mass., was recently sold for $2 million, Worcester Business Journal reported March 8. 

The ASC chain dominating physician employment 

Dallas-based United Surgical Partners International, Tenet Healthcare’s surgery center arm, is the ASC chain with the largest number of physicians.