Category: ASC Transactions and Valuation Issues

USPI revenue jumps 16.7%: 6 notes

Dallas-based United Surgical Partners International, Tenet Healthcare’s ASC chain, hit $941 million in third-quarter operating revenue, an increase from $806 million the year prior, according to financial results released Oct. 30. 

Arizona building housing pain institute acquired

A medical office building in Tucson, Ariz., housing the Pain Institute of Southern Arizona has been acquired by Montecito Medical. 

What hospitals closures mean for physicians

Seven physician leaders joined Becker’s to discuss how increasing hospital closures and service line cuts are — or are not — affecting physicians. 

USPI has 30 de novo ASCs in pipeline, sees 'consistently positive' M&A environment

Dallas-based United Surgical Partners International, part of Tenet Healthcare, had a successful third quarter with continued service line and revenue growth.

Mergers, acquisitions and bankruptcy: 8 ASC transactions you might have missed in October

From bankruptcy filings to management company acquisitions, here are eight major ASC transactions Becker’s has reported on in the last 30 days: 

Community Healthcare Associates buys former Vonage headquarters for $17.5M

Community Health Associates affiliate 23 Main Street Propco has purchased the former headquarters of telecommunications company Vonage in Holmdel, N.J., for $17.5 million, according to an Oct. 30 report from APP.

Amazon's prescription drones & 3 more updates

Online commerce giant and healthcare disruptor Amazon has made huge moves in healthcare recently. 

HCA 'unfavorably impacted' by its physician staffing deal: 5 things ASCs should know

Nashville, Tenn.-based HCA Healthcare’s third-quarter financial results were “unfavorably impacted” by its physician staffing joint venture, CEO Sam Hazen said during an Oct. 24 earnings call transcribed by Seeking Alpha.

Physician-owned hospitals by the numbers 

Physician-owned hospitals have recently been the target of resistance from major hospital groups as lawmakers push a bill that would repeal the Affordable Care Act’s restrictions on POHs.

3 medical office buildings sell for a total of $87.25M

Here are three medical office buildings that have recently sold for a total of $87.25 million: