ASC Transactions & Valuation Issues

CVS Health is planning to acquire more primary care practices in the coming year and eventually expand specialty services at its clinics, Alan Lotvin, MD, CVS Health executive vice president and president of CVS Caremark, said during a Dec. 9…

ValueHealth and NCH Healthcare System are launching a joint venture to expand access to value-based outpatient surgical care in Southwest Florida, ValueHealth said Dec. 9. 

New York City-based Dwight Capital supplied $29 million to refinance a project in Mystic, Conn., that will include an ASC, Commercial Observer reported Dec. 8. 

A medical office building with a multispecialty ASC in Avondale, Ariz., a suburb of Phoenix, was acquired by Montecito Medical, the real estate company said Dec. 8. 

Rockledge, Fla.-based Health First is investing in a joint venture partnership with Crane Creek Surgery Center and the B.A.C.K. Center, both in Melbourne, Fla., according to a Dec. 7 news release.

Louisville (Ky.) Endoscopy Center was acquired by Flagship Healthcare Trust, the outpatient healthcare real estate investment trust said Dec. 2. 

Surgical specialists make more after becoming vertically integrated with hospitals or health systems, according to a Dec. 6 study published in Health Affairs.

Montecito Medical bought a medical building that houses Amherst-based Ambulatory Surgery Center of Western New York, according to a Dec. 6 news release.

A roundup of ASC purchases making news last month:

The ASC market is currently estimated at $30 billion to $40 billion, according to a Nov. 29 report from Research and Markets.