6 ASC closings in first half of 2019

Six ASCs that have shut their doors in the first six months of 2019:

- Joint-venture Methodist North Surgery Center closing in January
Methodist Le Bonheur Healthcare's Methodist North Surgery Center closed in January. The health system and surgery center are both in Memphis, Tenn.

- Laser Spine Institute shuts its doors, closes 3 ASCs
Laser Spine Institute closed three surgical centers and reduced its operating cost structure in the six months before its closure in March.

- Ohio ASC to close, reopen as joint venture
Sandusky, Ohio-based Firelands Regional Medical Center closed its ASC and will reopen it in the fall in collaboration with NOMS Healthcare and Fisher-Titus Medical Center in Norwalk, Ohio.

- Physician buys 2 Illinois ASCs' assets for $50K after one halts operations
An Illinois partnership shut down Belleville (Ill.) Surgical Center and sold Physicians' Surgical Center to Shakeel Ahmed, MD, after both Belleville-based facilities lost surgeons to local hospital groups.

More articles on transactions and valuation:
New Hampshire hospital opens 2nd outpatient building in $50M project, 3rd slated for 2020
How ASCs play a role in medical office transactions — 3 insights from an investment director
Surgery Partners CFO: 5 keys for the future — payer partnerships, future acquisitions & more

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