ASC Transactions & Valuation Issues

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.

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: