Tenet Healthcare entered a definitive agreement with Roseville, Calif.-based Adventist Health for the sale of two Tenet hospitals and related operations in California’s San Luis Obispo County.
Category: ASC Transactions and Valuation Issues
Chicago building with medical office bought for $20M
A building with 104,000 square feet of medical office space in Chicago has sold at auction for a little over $20 million, according to a Feb. 27 report from the Real Deal.
3 joint ventures, partnerships shaking up the ASC industry
Here are three joint ventures and partnerships Becker’s has reported on since Jan. 4:
UnitedHealth's physician group ownership targeted in antitrust investigation
UnitedHealth Group is the target of a Justice Department antitrust investigation, according to The Wall Street Journal. Investigators are zeroing in on the company’s ownership across sectors, including physician groups, pharmacy drug benefits and a maj…
HCA's ASC arm has a busy start to 2024
HCA Healthcare’s ASC business Surgery Ventures has made major moves in the first two months of 2024.
US ASC market projected to pass $53B by 2029
The ASC market in the U.S. was valued at $36.54 billion and is projected to reach $53.67 billion by 2029.
Which ASC chain has the highest valuation multiples?
VMG Health laid out the valuation multiples of four major ASC chains in a January report.
6 Kentucky medical office buildings sold
Six medical office buildings totaling 145,308 square feet in Florence, Fort Mitchell, Crittenden, Walton, Alexandria and Butler have sold, according to a Feb. 19 report from REBusiness Online.
The biggest opportunity in ASC acquisitions
The fragmentation of the ASC market is primed for acquisitions at the individual facility level, according to a January report from VMG Health.
Michigan surgery, endoscopy center building sells for $9.8M
A Midland, Mich.-based building housing the Great Lakes Bay Surgery & Endoscopy Center has sold for $9.8 million, according to a Feb. 16 report from REBusiness Online.
