Category: ASC Transactions and Valuation Issues

The ASC industry is facing increased consolidation as some ASCs look to partnerships with hospitals and health systems to stay afloat in a challenging economic climate. 

A medical office building in Roseville, Calif., has been acquired by Montecito Medical Real Estate for $9.205 million, according to a Jan. 13 report from the Sacramento Business Journal.

The ASC-hospital relationship has evolved as hospitals have become increasingly interested in pursuing outpatient ventures. This often takes the form of joint ventures with existing ASCs. 

Los Angeles-based Prospect Medical Holdings, a private equity-backed system that owns hospitals across four states, has filed for Chapter 11 protection. 

A medical office building in Chantilly, Va., has sold for $9.2 million, according to a Jan. 10 report from REBusiness Online.

Here are three hospital closures since Jan. 1, as reported by Becker’s:

Laurel, Va.-based Virginia Care Partners, an affiliate of HCA Virginia in Richmond, has established a partnership with Pearl Health, a technology platform geared specifically toward independent physician practices, IT News Online reported Jan. 8. 

Here are the most recent updates on five ASC giants as 2025 begins: 

A Jan. 7 bipartisan Senate report titled “Profits Over Patients: The Harmful Effects of Private Equity on the U.S. Health Care System” heavily scrutinized private equity involvement in healthcare, particularly in underserved and rural communities. 

Lewiston-based Central Maine Healthcare will be acquired by Ontario, Calif.-based Prime Healthcare Foundation pending regulatory approval, WMTW reported Jan. 8.