Category: ASC Transactions and Valuation Issues

Walmart eyes physician group purchase: What ASCs need to know

Walmart is allegedly interested in purchasing majority ownership in ChenMed, a chain of primary care clinics, according to a report from Bloomberg. 

The physician group megadeals to know in 2023 

Here are four major physician group deals to know in 2023: 

Physician-owned hospital files for bankruptcy protection 

A West Lake Hills, Texas-based physician-owned hospital, The Hospital at Westlake, has filed for Chapter 11 bankruptcy protection.

Where independent ASCs stand today

Consolidation can feel like a looming threat to the ASC industry, but the majority of surgery centers remain independent. 

Connecticut medical office building sells for $1M

A medical office building near Bridgeport Hospital Milford (Conn.) Campus has sold for nearly $1 million, according to a Sept. 5 report from Hartford Business. 

ASC chain dominance: 5 stats to know 

Here are five statistics on the growth of ASC chains:

Why physicians are selling to hospitals 

The percentage of physicians who work in private practice has decreased from 60.1 percent in 2012 to 46.7 percent in 2022, according to recently released analysis of 10 years of data on physician practice arrangements conducted by the American Medical …

3 physician group acquisitions shaping the industry

Here are three physician group acquisitions shaping the healthcare industry:

Largest ASCs by operating rooms 

Miami-based Bayside Ambulatory Surgery Center is the largest individual ASC or individual ASC company by number of operating rooms, according to an Aug. 18 report from Definitive Healthcare. 

San Jose medical office building sells for $9M

A medical office building in San Jose, Calif., has sold for $9 million, according to an Aug. 18 report from REBusiness Online.