Category: ASC Transactions and Valuation Issues

Dallas-based Tenet Healthcare, parent company of ASC chain United Surgical Partners International, announced it would acquire SurgCenter Development and its more than 90 ASCs for approximately $1.2 billion in November 2021.  

Alejandro Fernandez, CEO of Synergy Orthopedic Specialists in San Diego, recently spoke with Becker’s to discuss the ASC consolidation trends he is monitoring. 

Two Waterbury, Conn.-based real estate investors have purchased a 13,871-square-foot medical office building in Torrington, Conn., for $2.47 million, according to a Feb. 13 report from the Hartford Business Journal. 

A medical office building in Columbia, S.C., was acquired by real estate firm Montecito Medical for $48 million, Commercial Property Executive reported Feb. 14. 

Oakland, Calif.-based Kaiser Permanente reported a loss of $4.5 billion in 2022, according to financial results the health system released Feb. 10. 

2022 saw a continuation of 2021 trends as the healthcare industry further rebounded from the coronavirus (COVID-19) pandemic. The Ambulatory Surgery Center (ASC) subindustry largely recovered in 2021, but certain specialties that lagged in 2021 saw a f…

A medical office building in Bensalem Township, Penn., has been acquired by real estate firm Montecito Medical.

Dallas-based United Surgical Partners International, a subsidiary of Tenet Healthcare, reported a 19.5 percent revenue increase in 2022, according to financial results released Feb. 9. 

Dallas-based United Surgical Partners International expanded its partnership with Renton, Wash.-based Providence to develop additional ASCs.

CVS Health confirmed it will acquire primary care company Oak Street Health in an all-cash deal worth $10.6 billion.