Surgery partners reported revenues were up in the first quarter based on the company's success before the pandemic hit.
ASC Transactions & Valuation Issues
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.
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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.
USPI reported surgical cases dropped 28.6 percent in March due to the COVID-19 pandemic, which hit just as the company was reporting accelerated growth. But its centers are beginning to reopen and USPI has seen around 40 percent of its…
Seven common mistakes made by sellers of ASC/MOB real estate
Stocks decreased as companies began to release their first-quarter 2020 earnings reports, which disappointed investors.