Houston, Mo.-based Texas County Memorial Hospital has been approved for more than $2.3 million in federal and state funding for a new ASC, Ozark Radio News reported Oct. 15.
Category: ASC Transactions and Valuation Issues
Optum Q3 revenue jumps 17%: 4 notes
Optum’s third-quarter revenue is up 17 percent from the same quarter last year, reaching $46.6 billion, according to financial results released Oct. 14 by parent company UnitedHealth Group.
3 big moves for Optum in Q3
Here are three key moves by Optum, parent company of ASC chain SCA Health, in the third quarter:
60K-square-foot North Carolina medical office building acquired
A 60,000-square-foot medical office building in Kannapolis, N.C., has been acquired, REBusiness Online reported Oct. 12.
3 Ohio medical office buildings sell for $8.4M
Three medical office buildings in Akron, Ohio, were sold for $8.46 million by healthcare real estate firm Fairfield Advisors.
Why consolidation doesn’t work for ASCs
As an industry built on independent centers, the ASC market has remained fragmented amid increasing healthcare consolidation.
78% of executives view consolidation in a negative light: Survey
Though healthcare consolidation has been on the upswing, not everyone views the trend favorably, according to the Medical Group Management Association’s “Annual Regulatory Burden Report.”
$400M paid for 11-asset medical office building portfolio
A portfolio of 11 medical office buildings has been acquired by GFH Financial Group, an investment bank in Bahrain, in a $400 million deal, thenationalnews.com reported Oct. 11.
New Jersey health system buys 63K-square-foot medical office building
A 63,000-square-foot medical office building in Clifton, N.J., has sold, NJ BIZ reported Sept. 22.
What USPI did in Q3
Dallas-based United Surgical Partners International, a Tenet Healthcare subsidiary, is the largest ASC chain in the country. Here’s what the company did in the third quarter:
