ASC Transactions & Valuation Issues

Healthcare companies have been taking a beating in response to the emergence and spread of COVID-19.

Here are 12 updates on ASC companies and industry-relevant companies to note: 

Anticipating stiff competition from a new ASC, Framingham, Mass.-based MetroWest Medical Center plans to shutter many services at Leonard Morse Hospital in Natick, Mass., The MetroWest Daily News reports.

Medical Facilities Corp., owner of four surgical hospitals and an ASC, released its fourth- quarter 2019 financial results, showing an increase in surgical cases and revenue compared to the year prior.

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

Quincy (Ill.) Medical Group's newly opened cancer center is reinvigorating the Quincy Mall, local NBC affiliate WGEM reports.

Concord Township, Ohio-based Lake Health is seeking a strategic partner to promote clinical and technical innovation throughout the health system, the Cleveland Plain Dealer reports.

Surgery Partners reported revenue increases in the fourth quarter and full year of 2019.

Lewisville (Texas) Surgery Center was relicensed and renovated.

Banner Health's Banner Surgery Center-University — which opened 50 years ago in Phoenix under the name Surgicenter — is moving to a larger facility with eight operating rooms.