ASC Transactions & Valuation Issues

Warren Buffett's company, Berkshire Hathaway, has increased its investment in Denver-based DaVita Kidney Care, a chain of kidney care centers, according to a recent Securities and Exchange Commission filing.

Here are three updates on ASC companies over the past week:

ASC industry leaders expect more consolidation in the coming years as the cost and risk of owning independent centers increases. How often will the buyer be a payer?

Here's how Dallas-based Tenet Healthcare, Nashville, Tenn.-based HCA Healthcare and Nashville-based Surgery Partners' shares have fluctuated over the last five days.

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

Columbus-based OhioHealth purchased the medical office building housing its joint venture surgery center in Pickerington, Ohio, Columbus Business First reported Feb. 12.

North Bergen, N.J.-based Hudson Bergen Endo Surgical Center was acquired by Physicians Endoscopy and North Bergen-based Ambulatory Center for Endoscopy in partnership with Teaneck, N.J.-based Holy Name Medical Center.

Healthcare Realty Trust had a banner year of investment in 2020, acquiring $547 million in medical office buildings, according to the Motley Fool transcript of the company's earnings call.

The temporary halt on elective procedures during the pandemic last year caused revenue declines for three of the largest ASC chains in the U.S., but two still managed to grow through acquisitions and new ASC development.

The Oregon Ambulatory Surgery Center Association gave a written testimony arguing against a proposed bill requiring sign-offs on mergers and acquisitions between some healthcare entities.