Sarasota, Fla.-based Cape Outpatient Surgery Center will resume normal operations May 4 in response to Gov. Ron DeSantis lifting the ban on elective surgeries, SRQ 20 reports.
ASC Transactions & Valuation Issues
UnitedHealth's Optum division could acquire virtual therapy provider AbleTo for about $470 million, according to CNBC.
Since it was established in 2008, the Large Urology Group Practice Association has worked to advance independent practice while demonstrating care quality and value to patients, vendors, payers, legislators and regulatory bodies. That mission has only grown more important in…
Leawood, Kan.-based ValueHealth entered into a joint venture with Trenton, N.J.-based health system Capital Health, expanding ValueHealth's market share in the mid-Atlantic region.
States continue to lift restrictions around elective surgeries, but professional organizations are cautioning practices to expect depressed patient volumes.
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Here are eight updates on ASC companies and industry-relevant companies to note:
Chicago-based developer HSA PrimeCare sold four medical office buildings to real estate private equity firm IRA Capital, the Daily Herald reports.
The COVID-19 pandemic wildly affected private equity investment in healthcare services during the first quarter of 2020, according to a market update from Provident Healthcare Partners.
Elective procedures are restarting in select markets where the COVID-19 pandemic has begun to subside, according to The Wall Street Journal.
Nashville, Tenn.-based HCA Healthcare posted $12.86 billion in first-quarter 2020 revenues, but suspended quarterly dividends and withdrew its full-year guidance due to the COVID-19 pandemic.