ASC Transactions & Valuation Issues

HCA Healthcare reported it had 123 freestanding outpatient surgery centers at the end of 2019, showing no growth over the previous year.

A California medical office building with a fully built-out surgery center was bought for $4.2 million, according to REBusiness Online.

Wauwatosa-based Froedtert and the Medical College of Wisconsin moved the West Bend (Wis.) Health Ambulatory Surgery Center to a different campus in August 2019, Washington County Insider reports.

Central Palm Beach Surgery Center in West Palm Beach, Fla., filed for bankruptcy on Jan. 28.

Lewiston (Idaho) Orthopedics finished updating and expanding its surgery center.

HCA Healthcare grew its outpatient surgery caseload 4 percent year over year to 266,483 cases in the fourth quarter of 2019, from 256,240 cases over the same period last year.

More ASCs owned by hospitals or health systems will be structured as physician-hospital joint ventures in 2020, Avanza Healthcare Strategies predicted.

Mercy Hospital has purchased Stateline Surgery Center, Orthopaedic Specialists of the Four States and Premiere Surgical Institute, according to local TV news station KOAM News Now.

PeaceHealth in Vancouver, Wash., plans to acquire Bellingham, Wash.-based Pacific Rim Outpatient Surgery Center in a deal expected to finalize in March or April, according to the Bellingham Herald. 

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