ASC Transactions & Valuation Issues

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.

BMC Hospital and Hudson Regional Hospital are vying to take over Bayonne (N.J.) Medical Center, The Jersey Journal reports.

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.

While the ramifications of COVID-19 created opportunities for investments in some specialties, most will be adversely affected, according to a white paper published by Provident Healthcare Partners.