Category: ASC Transactions and Valuation Issues

The specialties driving ASC growth

As procedures migrate to the outpatient setting, ASC leaders are seeing cardiology and orthopedics as huge opportunities for growth. 

Indianapolis medical office building acquired under partnership

Indianapolis-based Shore Terrace Medical Center’s medical office building was acquired under a partnership between Indianapolis-based Urban Growth Capital, BrightPoint Real Estate and Chicago-based North Companies.

$22M paid for New Jersey medical office, park

An office and medical park in Wayne, N.J., was sold for $22.25 million, roi-nj.com reported Nov. 28.

$7.4M paid for San Diego medical office building

Loma Starr, a two-building office and medical office property in San Diego, was sold for $7.4 million, REBusiness Online reported Nov. 28.

What ASCs are doing instead of consolidating

The healthcare industry is increasingly consolidating as operation costs soar — physicians are migrating to employed models and private practices are being bought up by larger entities. 

Premier Health opening 15k-square-foot medical office building in Ohio

Premier Health is opening a 15,000-square-foot medical office building in Xenia, Ohio, according to a Nov. 22 report from the Dayton Daily News. 

$7.4M Tennessee medical office building sold to PE firm

A medical office building in Chattanooga, Tenn., has sold to a real estate private equity firm for $7.4 million, Times Free Press reported Nov. 21. 

Surgery Partners snags $800M equity offering

Surgery Partners has snagged an $800 million equity offering, the Brentwood, Tenn.-based ASC chain said Nov. 21. 

New York medical office building sells for $16M

A 51,357-square-foot medical office building in Geneseo, N.Y., has sold for $15.9 million, according to a November report from Rebusiness Online. 

Amazon to lay off around 10,000 employees and 4 more updates

Here are five Amazon updates since Oct. 31: