Category: ASC Transactions and Valuation Issues

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. 

New Jersey medical office building sold for $24M

A medical office building in Jackson, N.J., was acquired by real estate firm Horizon Equities for $24 million, according to a Jan. 4 report from NJBiz.

Compass Surgical Partners' 2023 partnership boom

On Jan. 4, management services organization Compass Surgical Partners announced a joint venture with Jacksonville, Fla.-based Baptist Health to launch a network of ASCs. This is one of several joint ventures Compass has secured in the last year as it c…

3 physician groups, 3 hospitals & Uber: Optum 2023 deals

Optum’s 2023 deals included health systems, physician groups, technology groups and Uber. 

Phoenix medical office building sells for $46M

Big Sky Medical has acquired a $46 million medical office building in Phoenix, Ariz., according to a Jan. 4 report from the Commercial Property Executive. 

Baptist Health, Compass Surgical Partners to launch ASC network

Jacksonville, Fla.-based Baptist Health has partnered with ASC management organization Compass Surgical Partners to launch a network of ASCs that will be branded as Horizon Surgery Center.