Brentwood, Tenn.-based Surgery Partners has watched its stock lose more than a third of its value since recording an all-time high of $67.05 this June. The NASDAQ listed the company's stock at $41.50 on Oct. 6.
ASC Transactions & Valuation Issues
Key-Whitman Eye Center opened its Fort Worth, Texas, location on Oct. 4, according to Community Impact Newspaper.
Brentwood, Tenn.-based Pinnacle Dermatology has acquired Minneapolis-area plastic surgery center Omni Cosmetic, Pinnacle said Oct. 5.
A roundup of ASC purchases making news this month:
Boston-based Bain Capital Real Estate and Denver-based Evergreen Medical Properties acquired real estate in St. Louis featuring an ASC and an eye practice, the companies said Oct. 5. Financial details of the joint venture acquisition were not disclosed.
Advertisement
Sarasota, Fla.-based multispecialty practice U.S. Eye is partnering with Chesapeake, Va.-based Center for Visual and Surgical Excellence and Elizabeth City, N.C.-based Albemarle Eye Center and Precision Eye Care, the company said Oct. 5.
Physicians Realty Trust, a healthcare real estate company, has purchased HonorHealth's newly built medical office building in Phoenix for $31.75 million, according to the Phoenix Business Journal.
Montecito Medical acquired a medical office building housing a surgery center in Arlington, Texas, the company said Sept. 30.
Flagship Healthcare Trust, a Charlotte, N.C.-based outpatient healthcare real estate investment company, has acquired a surgery center with seven operating rooms in Wilmington, N.C.
Leawood, Kan.-based ValueHealth is one of the largest ASC companies, with more than 3,000 affiliated physicians.