Category: ASC Transactions and Valuation Issues

The ASC market in the U.S. was valued at $36.54 billion and is projected to reach $53.67 billion by 2029.

VMG Health laid out the valuation multiples of four major ASC chains in a January report. 

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 fragmentation of the ASC market is primed for acquisitions at the individual facility level, according to a January report from VMG Health. 

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.

Although 68% of the ASC market remains independent, the industry saw continued consolidation in 2023, according to a recent report from VMG Health. 

The net inflation adjustment for ASCs is 3.1% in 2024, a full percentage point higher than the average since 2015.

It’s been nearly one year since Amazon finalized its $3.9 billion acquisition of virtual and in-person primary care company One Medical. 

 The number of centers under management by the five largest ASC management companies has seen a compound annual growth rate of 4.85% since 2011, according to a February report from VMG Health. 

The percentage of ASCs that are independent shrunk from 70% to 68% from 2022 to 2023, according to a February report from VMG Health.