Category: ASC Transactions and Valuation Issues

Physician group deals remained at elevated levels throughout 2022, according to VMG Health’s 2023 mergers and acquisitions report released March 21. 

Phoenix-based Banner Health has sold a medical office building in Peoria, Ariz., for $29 million to healthcare property manager Montecito Medical Real Estate, according to a March 17 report from Phoenix Business Journal. 

More than 108,700 physicians shifted to employment from 2019 to 2021, according to an April report from Avalere, and some leaders are concerned about how this is shifting care delivery. 

Becker’s has covered at least eight major health systems that have reported million-dollar losses in the last month. 

Woodside Health has acquired two medical office buildings totaling 80,000 square feet in Suwanee, Ga., according to a March 10 report from Commercial Property Executive.

Surgery Partners spent just under $250 million to acquire ASCs last year, and is planning for more in 2023.

Surgery Partners spent just under $250 million to acquire ASCs last year, and is planning for more in 2023.

Here are five mid-size ASC companies to know:

McLaren St. Luke’s in Maumee, Ohio, said it will cease all outpatient services by mid-May. 

Dallas-based Tenet Healthcare, parent company of ASC chain United Surgical Partners International, is focusing on ASCs to fuel its growth.