Category: ASC Transactions and Valuation Issues

Surgery Partners revenue up 11% in Q3: 6 notes

Brentwood, Tenn.-based Surgery Partners raked in $620.6 million during the third quarter, according to financial results posted Nov. 8.

Kaiser Permanente’s $1.5B Q3 loss: What ASCs need to know 

Oakland, Calif.-based Kaiser Permanente reported a net loss of $1.5 billion for the third quarter. 

$5.8M paid for ophthalmology ASC property

A Youngstown, Ohio-based ophthalmology office and ASC were acquired for $5.8 million, Business Journal Daily reported Nov. 4. 

Cleveland medical office building with GI center acquired for $10.7M

A 34,519-square-foot medical office building in Brunswick, Ohio, was sold to Remedy Medical Properties and Kayne Anderson Real Estate for $10.7 million, Rebusiness Online reported Nov. 3. 

Biggest ASC deals in October 

The five biggest deals in October that ASC leaders need to know:

$15M Massachusetts medical office building acquired

A medical office building in Braintree, Mass., has been acquired for $15.1 million, ConnectCRE reported Oct. 31.

44,000-square-foot Indianapolis medical office building sold

A 44,000-square-foot medical office building in Indianapolis has been sold, REBusiness Online reported Oct. 28.

Amazon’s $3B Q3 loss: What ASCs need to know 

Amazon reported a $3 billion net loss for the year through the nine months ending Sept. 30

The state of the ASC industry: 3 earnings call notes from HCA, USPI & SCA Health

United Surgical Partners International, SCA Health and HCA Healthcare are all indicating different growth strategies in the company’s third quarter earnings calls. 

4 AmSurg ASCs named America’s best

Four AmSurg ASCs made Newsweek’s “America’s Best Ambulatory Surgery Centers,” which ranks 510 of the more than 5,000 Medicare-certified ASCs in the country.