ASC Transactions & Valuation Issues

Here are four recent surgery center renovation and expansion projects:

In recent months, three surgery centers have moved locations or announced plans to do so:

Surgical advancements that facilitate low-cost, high-quality outpatient care have prompted insurers and providers to reexamine where care is delivered. With the U.S. outpatient surgical procedure market expected to hit $144 billion by 2026 — up from $122 billion in 2018…

Becker's ASC Review reported on 10 ASC acquisitions in roughly the past 30 days:

Private equity investors were highly active in the healthcare space to close out 2019, according to a quarterly report from Provident Healthcare Partners.

Arlington-based Texas Health Resources became the sole tenant of a 17,000-square-foot medical office building in the Dallas-Fort Worth area, Bisnow reports.

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

Hartford (Conn.) HealthCare plans to move Southington (Conn.) Surgery Center to Cheshire, Conn., in spring 2021, according to myrecordjournal.com.

Baptist Health Lexington (Ky.) acquired Kentucky Surgery Center, forming a new venture called Baptist Health Surgery Center, according to The Lane Report.

Beaumont Hospital Grosse Pointe (Mich.) will expand its surgery center through a $19 million project that will increase the size of its operating rooms, Crain's Detroit Business reports.