Category: ASC Transactions and Valuation Issues

Hospitals are showing increasing interest in ASCs, but some are still hesitant, according to the annual “Hospital Leadership ASC Survey,” conducted by consulting group Avanza Healthcare Strategies and published Nov. 8. 

A 35,406-square-foot medical office building in Sterling, Va., a nearby suburb of Washington D.C., has sold for an undisclosed price, according to a Nov. 9 report from REBusiness Online.

The number of hospital systems that own ASCs are on the rise, according to the annual “Hospital Leadership ASC Survey,” conducted by ASC expert group Avanza Healthcare Strategies and published Nov. 8. 

Here are 15 notes from United Surgical Partners International, Surgery Partners and Optum’s third quarter financial results:

Four ASCs between $1.1 million and $3.2 million have been listed for sale in New Jersey, according to data from LoopNet accessed on Nov. 9. 

Here are three updates on Surgery Partners that Becker’s has reported on since Sept. 21: 

Nashville, Tenn.-based Surgery Partners reported revenues of $674 million in the third quarter of this year, representing growth of 8.6% year over year.

Virginia Hospital Center has paid $21.5 million to acquire a six-story office property in Alexandria, Va., for use as an ASC and medical office building, according to a Nov. 7 report from the Commercial Observer. 

A joint venture between real estate investment, development and advisory firm Sendero Capital and Angelo Gordon, an investing platform, received a $75 million credit facility, Commercial Property Executive reported Nov. 7.

Montecito Medical has acquired a 32,711-square-foot medical office building in Woodbury, Minn., according to a Nov. 6 report from REBusiness Online.