ASC Transactions & Valuation Issues

Here's how Dallas-based Tenet Healthcare, Nashville, Tenn.-based HCA Healthcare and Nashville-based Surgery Partners' shares have fluctuated over the last five days.

An investment group in Yakima, Wash. completed the purchase of the former Astria Regional Medical Center and a nearby medical office building housing an ASC according to a Dec. 15 report from the Yakima Herald-Republic.

Tenet acquired 45 ASCs from SurgCenter Development on Dec. 10 for $1.1 billion.

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

Physicians have been gravitating toward ASCs for years, but now they're more often choosing to do so with hospital partnership, Medical Consulting Group's Robert McCarville and Stephen Sheppard said in a December article published by EyeWorld.

Physician-hospital joint venture ASCs are continuing to grow in popularity, Medical Consulting Group's Robert McCarville and Stephen Sheppard said in a December article published by EyeWorld.

Through a five-year partnership, construction firm Ryan Companies has helped develop five ASCs affiliated with Nashville, Tenn.-based Surgery Partners. Most recently, Ryan helped complete Valley Ambulatory Surgery Center in St. Charles, Ill.

The pandemic quieted ASC deals midyear, but there have been several fascinating transactions in the second half of 2020.

Raleigh, N.C.-based US Radiology Specialists acquired Birmingham, Ala.-based ImageSouth, the physician-owned radiology practice announced Dec. 10.

Grand Teton Surgical Center sold majority interest to Idaho Falls-based Mountain View Hospital and Surgery Partners, according to a report from Merritt Healthcare Advisors.