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14 ASC Industry Transactions in 2014 so Far

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Ambulatory surgery center merger and acquisition activity remains high in the first half of 2014. ASC companies, hospitals and health systems are acquiring new centers, and even a few ASC mergers are in the works.

Here is a list of ASC industry transactions in the first six months of 2014.
                                        
Rex Healthcare, based in Raleigh, N.C., announced plans to recruit 20 surgeons to 30 surgeons for a joint venture ambulatory surgery center.

A group of physicians in partnership with SurgCenter Development opened Monocacy Surgery Center in Frederick, Md.

Great Falls (Mont.) Clinic announced intentions to build a 60,000-square-foot facility adjacent to its Specialty Center in partnership with Symbion.

Wolfe Eye Clinic and Heartland Eye Care in Ottumwa, Iowa, merged.

NVISION Laser Eye Centers acquired two practices of Nevada Eye Care, NVISION's first acquisitions in the state.

Physicians Realty Trust, a self-managed healthcare properties REIT, acquired Peachtree Dunwoody Medical Center in Atlanta for $36.6 million. The medical center houses several tenants including Peachtree Orthopedics, which has an ambulatory surgery center.

The Illinois Health and Facilities Review Board approved St. John's Hospital's proposal to acquire Prairie Surgery Center in Springfield, Ill., for $8.5 million.

Meridian Surgical Partners, LLC announced is Battle Creek, Mich., facility Brookside Surgery Center, LLC partnered with Bronson Battle Creek, a subsidiary of Bronson Healthcare, in the first hospital partnership for Meridian Surgical Partners.


White-Wilson Medical Center assumed management of day-to-day operations at Emerald Coast Surgery Center in Fort Walton Beach, Fla.

Methodist McKinney Hospital acquired an orthopedics and pain management-focused outpatient surgery center in McKinney, Texas.

Fremont (Neb.) Area Medical Center completed the acquisition of Fremont Surgical Center.

Northstar Healthcare acquired outpatient surgery center Brown Hand Center in Scottsdale, Ariz.

Physician Partners of America announced the acquisition of Frisco (Texas) Ambulatory Surgery Center.

PhotoMedex, a skin health company, announced its intent to acquire LCA-Vision for $106.4 million. LCA-Vision owns and operates 62 LasikPlus surgery centers.

More Articles on Transaction and Valuation:
National Surgical Hospitals Acquires Ownership Stake in The Fairfield Surgery Center
9 Threats to ASC Revenue Cycle Management Success
5 Key Thoughts on Pain Management This Year


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