Category: ASC Transactions and Valuation Issues

Rite Aid shuttering 200+ locations: What ASCs need to know 

Rite Aid will shutter 53 more locations after it filed for Chapter 11 bankruptcy and announced it will close locations last year, according to April bankruptcy court filings obtained by Becker’s. 

MarinHealth, UCSF Health buy ASC stake from Surgical Care Affiliates

Greenbrae, Calif.-based MarinHealth Medical Center and San Francisco-based UCSF Health have joined forces to purchase equity stakes in San Rafael, Calif.-based Marin Specialty Surgery Center, according to an April 15 report from the Marin Independent J…

Tenet's 61 hospitals: State-by-state breakdown

Dallas-based Tenet Healthcare, parent company of ASC giant United Surgical Partners International, operated 61 hospitals and 480 ASCs and surgical hospitals as of Dec. 31, according to a proxy statement filed April 12 with the Securities and Exchange C…

10 highest-spending states

Massachusetts is the state with the highest personal expenditure per capita, according to an analysis of 2022 data from the US Bureau of Economic Analysis by the QR Code Generator. 

12K-square-foot Michigan medical office building sells

An 11,892-square-foot medical office building in Flint, Mich., has sold, according to an April 15 report from REJournals.

What lawmakers are saying about Optum's physician transactions

UnitedHealth Group’s Optum, the country’s largest employer of physicians and parent company of ASC chain SCA Health, is attracting a lot of attention with its rapid growth. 

14K-square-foot Texas ASC sells

A 14,000-square-foot ASC facility in Sugar Land, Texas, has sold, according to an April 10 report from REBusiness Online.

3 Tenet deals totaling $2.95B+

Tenet Healthcare, parent company of ASC chain United Surgical Partners International, has recently closed several multi-million dollar deals.

Compass Surgical's year: 6 moves in 4 months

Raleigh, N.C.-based ASC management company Compass Surgical Partners has hit the ground running in 2024, striking new partnerships and garnering new equity investments. 

FTC takes new step toward blocking Novant's endoscopy center acquisition

The Federal Trade Commission has filed a preliminary injunction request to bar Charlotte, N.C.-based Novant Health from purchasing two medical centers owned by Franklin, Tenn.-based Community Health Systems, according to an April 8 report from the Tria…