California-based private equity firm IRA Capital purchased a 40,000-square-foot medical office condominium building in Illinois and converted it into a medical office building, RE Journals reports.  By Eric Oliver - 4/20/18

Goshen (Ind.) Health's outpatient surgery center was deemed fully functional April 19, Goshen News reports.  By Eric Oliver - 4/20/18

Shriners Hospital for Children in Minneapolis is planning to shift away from hospital care to focus on outpatient services and same-day surgeries, according to the StarTribune.  By Shayna Korol - 4/19/18

UnitedHealth Group CEO David Wichmann suggested the company is poised to further expand Optum's ambulatory platform during the company's first-quarter earnings call.  By Angie Stewart - 4/19/18

Troy, Ohio-based Kettering Health Network is building a $60 million hospital with a surgery center in Troy, Dayton Daily News reports.  By Eric Oliver - 4/18/18

Advanced Surgical Care of Boerne (Texas) opened a surgery center in Boerne and completed its first outpatient total joint replacement.  By Eric Oliver - 4/18/18

Fleming Island, Fla.-based Baptist Clay Medical Center is in the midst of constructing a 17,000-square-foot surgery center on Fleming Island, The Florida Times-Union reports.  By Eric Oliver - 4/18/18

Pinnacle III has developed over 40 centers in 18 states since it was established in 1999.  By Angie Stewart - 4/17/18

Silicon Valley may no longer be the hotspot for healthcare investing that it once was; according to PwC | CB Insights' Healthcare MoneyTree Report Q4 2017. Silicon Valley investors closed 24 percent fewer healthcare deals in the fourth quarter than the third quarter and Massachusetts topped the list of states with the greatest deal value.  By Laura Dyrda - 4/17/18

Arlington, Va.-based Advantia Health acquired the Women's Health and Surgery Center, which has locations in Stafford, Va. and Fredericksburg, Va. The transaction was announced by Global Healthcare Advisors.  By Angie Stewart - 4/17/18

Melville, N.Y.-based A&G Realty Partners developed a healthcare real estate holding division, ABL Advisor reports.  By Eric Oliver - 4/17/18

Medscape released its 2018 Medscape Physician Compensation Report examining a variety of compensation-related factors throughout the industry.  By Eric Oliver - 4/17/18

Marietta, Ga.-based WellStar Health System opened an outpatient surgery center in Vinings, Ga., April 16, CBS 46 reports.  By Eric Oliver - 4/17/18

Here are updates on ASC companies and industry-relevant companies to note.  By Eric Oliver - 4/17/18

The average physician salary was $299,000 in 2017, according to the Medscape Physician Compensation Report 2018. However, the physician's specialty, geographic location and employment status makes a difference.  By Laura Dyrda - 4/16/18

With more than 15 strategic partnerships throughout the Southeast, Raleigh, N.C.-based Compass Surgical Partners acquires, manages and develops ASCs, including hospital joint ventures, turnarounds and de novo ambulatory care centers.  By Angie Stewart - 4/16/18

Dallas-based Tenet Healthcare Corp. has sold nine hospitals since August, Worcester Business Journal reports. Meanwhile, the company has significantly increased its investment in ambulatory care centers.  By Angie Stewart - 4/16/18

The Milwaukee Business Journal developed a list of fastest growing public companies in Wisconsin and Milwaukee-based Physicians Realty Trust took top billing.  By Eric Oliver - 4/16/18

Here are two new joint venture ASCs announced or opened in the past couple months.  By Angie Stewart - 4/13/18

Atlanta-based Emory Eye Center opened a new clinic in Johns Creek, Ga., Patch reports.  By Eric Oliver - 4/13/18