Here are three ASC and clinic closures to know since Jan. 30:
Category: ASC Transactions and Valuation Issues
Capitol Pain Institute acquires 5-location pain management group
Capitol Pain Institute, a national pain management clinic and ASC network based in Austin, Texas, has acquired Bloomington, Ind.-based Wellspring Pain Solutions.
Is time running out for small ASCs?
Although the ASC industry remains fragmented, some leaders are worried about the viability of independent ASCs amid an increasingly consolidated healthcare landscape.
How USPI's $1.2B acquisition of SurgCenter Development is unfolding
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.
The 4 ASC specialties primed for acquisition
Alejandro Fernandez, CEO of Synergy Orthopedic Specialists in San Diego, recently spoke with Becker’s to discuss the ASC consolidation trends he is monitoring.
Connecticut investors acquire medical office building for $2.47M
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.
South Carolina medical office building acquired for $48M
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.
Kaiser Permanente posts $4.5B loss in 2022: 5 things ASCs need to know
Oakland, Calif.-based Kaiser Permanente reported a loss of $4.5 billion in 2022, according to financial results the health system released Feb. 10.
ASCs in 2022: A Year in Review
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…
Pennsylvania medical office building with ASC, GI practice acquired
A medical office building in Bensalem Township, Penn., has been acquired by real estate firm Montecito Medical.
