ASC Transactions & Valuation Issues

Orlando (Fla.) Health will move forward with its agreement to purchase Bayfront Health St. Petersburg (Fla.) from Community Health Systems, Flapol reports.

Nashville, Tenn.-based Ascension Saint Thomas purchased a medical office building on its Midtown campus for $33 million, the Nashville Post reports.

Anchor Health Properties acquired a 60,600-square-foot medical office building fully leased to Prisma Health in Greenville, S.C., and created an outpatient campus, the company announced July 7.

The Small Business Administration released information on businesses that received funds from the Paycheck Protection Program.

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.

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

Medical Facilities Corp. closed the sale of the real estate assets underlying Mishawaka, Ind.-based United Medical and Surgical Hospital for $25 million.

Real estate firm Cornerstone Cos. made a nearly $60 million acquisition across six states that included a multispecialty surgery center, the Indianapolis Business Journal reports.

Guidance on vertical mergers got its first major overhaul from the Federal Trade Commission and the U.S. Department of Justice in more than 35 years under new joint guidelines published June 30.

Syracuse, N.Y.-based St. Joseph's Health is closing two urgent care centers that have been losing business due to the COVID-19 pandemic, according to syracuse.com.