Tenet Healthcare, parent company of ASC chain United Surgical Partners International, and Optum, parent company of ASC chain SCA Health, are looking at different ASC growth strategies as the year comes to a close.
Category: ASC Transactions and Valuation Issues
Site of $34M medical office building wins economic revitalization designation in Iowa
The site of a $34 million medical office building in Westerfield, Iowa, has been approved as an economic revitalization area, Current reported Oct. 17.
Hammes Partners buys Idaho hospital building
Hammes Partners has purchased the Post Falls, Idaho-based Northwest Speciality Hospital building, which includes a physician-owned surgical hospital, six affiliated medical office buildings and 7.54 acres of developable land.
USPI acquisition pipeline ‘strong’ despite slower-than-expected growth: 5 earnings call notes
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.
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.
