Category: ASC Transactions and Valuation Issues

192K-square-foot Georgia medical office building sold

A medical office building portfolio spanning two buildings and 192,363 square feet in Fayetteville, Ga., has sold, according to a July 31 report from REBusiness Online.

Wellstar earns approval to take over Augusta U Health System after announcing plans to fund new ASC

In March, Marietta, Ga.-based Wellstar Health System and Augusta (Ga.) University Health System signed a 40-year partnership agreement in which Wellstar agreed to provide $800 million to the university over 10 years, with part of the funding going towa…

Tenet acquired Baylor's 5% stake in USPI for $406M 1 year ago — what's happened since?

At the end of the second quarter in 2022, Dallas-based Tenet paid $406 million to acquire Dallas-based Baylor Scott & White Health’s 5 percent equity position in USPI. 

The evolution of ASC chain power

ASC chains have continued to grow over the past few years — here’s how. 

Optum, Surgery Partners further consolidate 

UnitedHealth Group’s Optum, parent company of ASC chain SCA Health, based in Deerfield, Ill., has been on a spending spree, making several massive deals in 2023. Brentwood, Tenn.-based Surgery Partners, meanwhile, spent almost $250 million to acquire A…

Meet the forces battling for ASC market share

While the ASC industry is largely fragmented, five major groups control a solid chunk of the market share, according to the VMG Health’s “2023 Healthcare M&A Report.”

The downfall of physician staffing groups: What ASCs need to know

Physician staffing firms have been hit by economic pressure and high margins, causing one to file for bankruptcy and another to shut down. 

USPI's dramatic growth

United Surgical Partners International has more than 475 surgery centers, making it the largest ASC chain. 

How 4 ASC chain giants gained power

From acquisitions to new deals, here is how four major ASC chains have recently gained power.

American Physician Partners closing: What ASCs need to know 

Medical staffing company American Physician Partners is closing and will transition to its hospital contracts.