Category: ASC Transactions and Valuation Issues

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.

Tenet's $2.4B hospital sale and 2 more industry updates 

Here are three healthcare stories from the last week that ASC leaders should know:

ASC chains by the numbers 

ASC chains such as Tenet Healthcare’s United Surgical Partners International and Optum’s SCA Health are rapidly growing as the industry consolidates.

Kaiser Permanente acquires DC office building for $198M

Oakland, Calif.-based Kaiser Permanente has acquired 507,237 square feet of medical office space in Washington, D.C., for $198 million, according to a Nov. 20 report from Commercial Property Executive. 

ASCs + hospitals' growing relationship: 5 stats to know 

ASC expert group Avanza Healthcare Strategies laid out the growing relationship between hospitals and ASCs in its “Hospital Leadership ASC Survey.”

3 healthcare real estate transactions totaling $73M

Here are three healthcare real estate transactions totaling $73 million that Becker’s has reported on since Oct. 30: