Category: ASC Transactions and Valuation Issues

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.

Physician-owned BayCare Clinic in Green Bay, Wis., purchased more than 25 acres of undeveloped land for $3.3 million, the Green Bay Press Gazette reported Nov. 3. 

Here are three disruptors that have made strides in the consolidation of physicians in the last year:

Two San Antonio-based cardiovascular centers owned by Peripheral Vascular Associates will likely shut down, according to two Oct. 25 letters to the Texas Workforce Commission shared with Becker’s.

Three of Optum’s most expensive deals in 2023 total more than $10.2 billion. 

A 118,472-square-foot medical office building in Richardson, Texas, has been acquired by healthcare investor Big Sky Medical, according to a Nov. 2 report from the Commercial Property Executive.