Category: ASC Transactions and Valuation Issues

Hospitals dig deeper into ASC market

ASCs might just be the golden ticket hospitals have been searching for. 

How will the economy affect ASCs in 2024?

Five ASC leaders joined Becker’s to discuss how a potential economic downturn could affect ambulatory healthcare space growth. 

Optum doubles down on orthopedics, VBC

In 2023, OptumHealth saw 900,000 more patients under value-based care, according to a Jan. 12 call with investors transcribed by Seeking Alpha. 

Optum earned $226.6B in 2023

Optum earned $226.6 billion in total revenue in 2023 — an increase of 22% year over year, according to the company’s fourth-quarter financial report. 

MultiCare plans to acquire Washington ASC

Tacoma, Wash.-based MultiCare Health System has made plans to acquire Astria Ambulatory Surgical Center in Yakima, Wash., Yakima Herald-Republic reported Jan. 12.

Is consolidation really a threat to ASCs?

With 70% of ASCs remaining independent as of 2022, according to a report from VMG Health, consolidation may seem like a fairly distant problem. But as health systems, management companies and private equity firms take interest in ASCs, it may be time t…

Florida medical office building sold for $18.3M

The 48,000-square-foot Wellington (Fla.) Medical Arts Pavilion has sold to Rendina Healthcare Real Estate and Artemis Real Estate Partners for $18.3 million, according to a Jan. 11 report from REBusiness Online.

Health system leaders expect similar M&A activity in 2024

Most health system leaders expect 2024’s merger and acquisition activity to look similar to 2023, according to a Jan. 4 VMG Health survey.

Surgery Partners projects growth in 2024

Brentwood, Tenn.-based Surgery Partners affirmed its 2023 adjusted earnings were between $436 million and $440 million. 

Optum's busy start to 2024 

Optum, parent company of ASC chain SCA Health, already is poised to make two major moves in 2024.