Atlanta-based EyeSouth Partners partnered with Boca Raton, Fla.-based Mitchell Refractive Surgery & Eye Center June 3, its fourth such deal in Florida and 17th affiliation overall.
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 month:
ASCs Inc., and JH Winokur closed a sale/leaseback transaction centered around SurgCenter of Greenbelt (Md.).
Companies owned by Nashville, Tenn.-based Envision Healthcare's parent company, KKR, secured more than $60 million in federal funding through HHS, Bloomberg reports.
Dallas-based Tenet Healthcare executed a $600 million private offering of newly issued senior secured notes June 2.
Here are 10 updates on ASC companies and industry-relevant companies to note:
Four clinics owned by Yakima, Wash.-based Astria Health Centers closed as the health system consolidates services in an attempt to cut costs, the Yakima Herald reports.
The COVID-19 pandemic could spur a temporary increase in mergers and acquisitions of providers struggling to remain solvent, according to experts consulted by S&P Global Market Intelligence.
The Pacific Business Group on Health wrote congressional leaders seeking a yearlong ban on mergers and acquisitions among hospital and clinician groups that sought government money, Reuters reported May 22.
Despite M&A activity expected to decrease because of the COVID-19 pandemic, several deals have closed. Provident Healthcare Partners published a white paper exploring the structure of the deals that closed.
