ASC Transactions & Valuation Issues

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

Medical Facilities Corp., saw its first-quarter revenues drop 0.7 percent year over year to $92.8 million in response to the COVID-19 pandemic.

The number of physician-owned practices considering a sale has tripled in light of the COVID-19 pandemic, according to information gathered by Physicians First.

Surgery partners reported revenues were up in the first quarter based on the company's success before the pandemic hit.

While COVID-19 only affected the tail end of the first quarter of 2020, earnings reports mostly drove gains for these ASC management companies.

Here are 10 updates on ASC companies and industry-relevant companies to note: 

A freestanding surgery center is on the market in Las Vegas.

Leawood, Kan.-based ValueHealth entered into a surgical joint venture with Doylestown (Pa.) Health, which will grow the health system's clinical footprint.

Deal-making is on the horizon for KKR, the parent company of Nashville, Tenn.-based Envision Healthcare, according to Bloomberg.

An Orange County, Calif.-based pain management group purchased a medical office building with a surgery center in San Diego for $6 million, Rebusiness Online reports.