ASC Transactions & Valuation Issues

Envision Healthcare, the parent company of AmSurg, reported second-quarter losses amid the pandemic, according to a Bloomberg report.

Here are nine updates on ASC companies and industry-relevant companies to note: 

Ahead of construction, a medical office building in Chattanooga, Tenn., has already secured an ASC tenant, according to the Chattanooga Times Free Press.

Surgical weight loss company Blossom Bariatrics acquired a 13,376-square-foot ASC in Franklin, Ind.

SK Medical Management expanded into Maryland, acquiring a medical office building with an ASC in Oxon Hill.

A number of surgery centers have changed hands in 2020 as a result of a merger, partnership or acquisition:

Grand Blanc, Mich.-based McLaren Health Care finalized its agreement to absorb Maumee, Ohio-based St. Luke's Hospital, local NBC affiliate 24 News reports.

Medical Facilities Corp., a surgical facilities owner, reported second quarter revenue dropped amid the pandemic but government stimulus offset some of the losses.

Secaucus, N.J.-based Hudson Regional Hospital purchased the land Bayonne (N.J.) Medical Center sits on for $76 million, but who will operate the hospital going forward remains disputed, HudsonReporter.com reports.

Worcester, Mass.-based Eastern Medical Center — a medical office building housing a surgical center — was sold for $5.45 million, according to telegram.com.