Category: ASC Transactions and Valuation Issues

2023 a year of change for AmSurg

ASC chain AmSurg has undergone a metamorphosis in 2023.

3 major practice, care center closures in November

Here are three major practice and care center closures on which Becker’s reported in November:

Tampa General Hospital closes purchase of 2 ASCs

Tampa (Fla.) General Hospital has completed the $290 million purchase of Bravera Health properties in Citrus and Hernando from Community Health Systems, which include two ASCs, according to a Dec. 1 report from Health News Florida.

A big year for Surgery Partners

With a year filled with deals, partnerships and acquisitions, ASC chain Surgery Partners has been anything but passive in 2023. 

New Jersey medical office building expands tenancy

Atkins Companies has signed tenancy agreements with three medical practices at its West Orange, N.J.-based Washington Medical Arts Building, moving closer to filling its 70,000 square feet of space, according to a Nov. 29 report from NJBiz.

First Citizens Bank supplies $99.3M in financing for medical, GI facilities

Healthcare Finance, a First Citizens Bank business, has helped facilitate two medical office building transactions totaling $99.3 million. 

Optum adds 20,000 physicians in 2023 

Optum now has nearly 90,000 employed and affiliated physicians, CEO Amar Desai, MD, said during a presentation at UnitedHealth Group’s 2023 investor conference on Nov. 29. 

Illinois medical office buildings sold

A two-building medical office portfolio in Libertyville, Ill., has been acquired by an affiliate of Stage Equity Partners, according to a Nov. 29 report from Commercial Property Executive.

5 moves that shook up the ASC industry in 2023

From Optum acquisitions to a CMS rule, here are five major moves that shook up the ASC industry in 2023:

33K-square-foot Indiana medical office building sold

A 33,000-square-foot medical office building in Carmel, Ind., has been acquired by Echo Real Estate for an undisclosed price, according to a Nov. 22 report from REBusiness Online.