Category: ASC Transactions and Valuation Issues

Healthcare is increasingly consolidating: 10 new partnerships to know

Here are 10 new partnerships between healthcare organizations, physician groups and more to know, as reported by Becker’s in May.

Orlando Health buys medical office building from Walgreens for $4.1M

Orlando (Fla.) Health has purchased a two-story medical office building from pharmaceutical chain Walgreens for $4.1 million, according to a May 31 report from the Orlando Business Journal.

Medical office investor buys undeveloped Arkansas plot for $6.1M

About 9.3 acres of undeveloped commercial land in Rogers, Ark., has sold for $6.1 million to medical office building investor Prime Medical Investment, an affiliate of Texas-based Prime Healthcare Properties, according to a May 30 report from Talk Busi…

Northwell Health to occupy 16K-square-foot ASC at Walmart-anchored shopping center

New Hyde Park, N.Y.-based Northwell Health is set to fill three open spaces at a Yaphank, N.Y., strip mall anchored by a 198,000-square-foot Walmart Supercenter, according to a May 25 report from The Real Deal.

The 'real' danger of consolidation

Anthony Sclafani, MD, director of facial plastic surgery and otolaryngology professor at Weill Cornell Medicine in New York City, joined Becker’s to discuss the benefits — and disadvantages — of consolidation.

Retail giants snap up clinic market share: 5 things to know

As care delivery continues to become more consumer-centric, several big retailers are looking to secure a place in the retail clinic market, according to a May 18 blog post from Definitive Healthcare.

3 major ASC moves in 3 weeks

Here are three big ASC moves that Becker’s has reported on since April 28: 

Connecticut health system acquires 2 ASCs, can't charge facility fees 

Hartford HealthCare has been approved to acquire two ASCs in Connecticut, the Hartford Business Journal reported May 12. 

AmSurg to buy Envision's ASCs

Following plans to file for Chapter 11 bankruptcy, Envision Healthcare reached a restructuring agreement with its stakeholders.

Will independent ASCs go extinct?

ASCs around the country are facing reimbursements that are not keeping up with the rising cost of living, leading to a declining number of truly independent, physician-owned ASCs.