Category: ASC Transactions and Valuation Issues

Here are two recent updates on medical office buildings in Illinois:

Here are two recent updates on medical office buildings in New York:

Boston-based management company Arches Medical Partners has acquired 11 practices previously owned by Walgreens’ VillageMD. 

An ASC next to East Mesa, Ariz.-based Banner Baywood Medical Center was sold to Omaha, Neb.-based NewStreet Properties, The Mesa Tribune reported March 20.

The growth of Dallas-based United Surgical Partners International in 2023 was driven by acquisitions, organic growth and construction of new centers and strategic partnerships, parent company Tenet Healthcare said in its annual report filed with the SE…

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

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.

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, 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. 

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