ASC Transactions & Valuation Issues

Prism Vision Group entered into a partnership with Baltimore-based Retina Care Center Affiliates in early February.

Praxsyn signed a letter of intent to purchase a Florida-based surgery center.

Acuity Eye Group, a physician-owned ophthalmology group has acquired La Jolla (Calif.) Laser Vision & Eye Center.

Midwest Vision Partners entered into a strategic partnership with Lansing, Mich.-based practice Rosenbaum Eye & Laser Center and its vision correction center, Michigan Laser Eye Associates, marking Midwest Vision's fifth partnership in Michigan.

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

Seven recent ASC partnerships:

A surgery center and medical office building in Las Vegas went on the market for $2.9 million, according to Shapiro-Crowley Healthcare Properties Team and Colliers International.

The number of ASC and physician practice management transactions dipped from 182 in 2018 to 172 in 2019, according to Hammond Hanlon Camp.

ASC development had a banner year in 2019, with more than 180 new centers opening across the U.S. 

Hoag Orthopedic Institute partnered with Diagnostic and Interventional Surgery Center in Marina Del Rey, Calif., marking the health system's first expansion into Los Angeles County.