By investing in a surgery center, physicians can set themselves up "for a profitable income stream" while providing a helpful option for patients, according to healthcare-focused financial planning firm Spaugh Dameron Tenny.
ASC Transactions & Valuation Issues
A Seeking Alpha analysis questioned Nashville, Tenn.-based Surgery Partners' financial position, claiming the COVID-19 pandemic has put the company in a rough spot.
Cincinnati Children's recently purchased the medical office building housing Northern Kentucky Outpatient Center in Crestview Hills, the Northern Kentucky Tribune reports.
Tacoma, Wash.-based CHI Franciscan and Seattle-based Virginia Mason Medical Center signed a memorandum of understanding July 16 to explore a potential merger, local news affiliate KIRO 7 reports.
A Tampa, Fla., medical office building housing an ASC is for sale, according to a listing from The Dohring Group, a commercial real estate firm.
There has been "an uptick in physicians selling their practices" since the start of the pandemic, said Allison Nelson, co-deputy chair of the real estate group for law firm Akerman, in an interview with GlobeSt.com.
ASCs Inc. and J.H. Winokur closed an ASC real estate sale-leaseback transaction for Sunrise, Fla.-based Baptist Eye Surgery Center.
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.
Cincinnati-based TriHealth paid $21 million to acquire an outpatient surgery center in Anderson Township, Ohio, in a cost-reducing move, the Cincinnati Business Courier reports.
Here are 12 updates on ASC companies and industry-relevant companies to note:
