United Surgical Partners International executives revealed the company is behind on its year-long growth plan in an Oct. 20 third quarter earnings call from Tenet Healthcare, USPI’s parent company.
Category: ASC Transactions and Valuation Issues
California medical office building sold for $30M
Agora Realty and Management in Calabasas, Calif., acquired a 75,000-square-foot medical office building in Tarzana, Calif., for $30 million, San Fernando Valley Business Journal reported Oct. 17.
Flagship Health acquires Destin Surgery Center
Real estate firm Flagship Healthcare Trust acquired Destin (Fla.) Surgery Center, according to an Oct. 25 announcement in The Destin Log.
$30M Los Angeles medical office building sold
Tarzana Medical Plaza, a medical office building in Los Angeles, was acquired for $30 million, ConnectCre reported Oct. 24.
National Medical Billing Services inks acquisition to expand ASC revenue offerings
National Medical Billing Services has acquired MedTek, an ASC revenue cycle management provider, the company said Oct. 25.
Medical office space demand high in Dallas area as population soars
With strong demands in the region, medical office space vacancy rates in Dallas-Fort Worth are more than a percentage point below the five-year average, DMagazine reported Oct. 10.
USPI adds 122 ASCs in a year: 6 notes on the company’s growth
Dallas-based United Surgical Partners International, a subsidiary of Tenet Healthcare, has added 122 ASCs in the last year, solidifying its position as the largest ASC chain in the country.
HCA outpatient revenue jumps 36.6% in Q3: 6 notes
Nashville, Tenn.-based HCA Healthcare’s outpatient revenue jumped 36.6 percent in the third quarter, according to financial results released Oct. 21.
America’s 10 best ASCs in 2022, per Newsweek
Cedars-Sinai’s 90210 Surgery Medical Center in Beverly Hills, Calif., was named the top ASC in the country by Newsweek’s “America’s Best Ambulatory Surgery Centers” list, which ranks 510 of the more than 5,000 Medicare-certified ASCs in the country.
New York ASC moving to larger facility, increasing staff by 66%
Poughkeepsie, N.Y.-based Dutchess Ambulatory Surgery Center is expanding and moving to a new location in town, Mid Hudson News reported Oct. 20.
