Medical Facilities Corp., a company that owns ASCs and surgical hospitals throughout the U.S., plans to discharge its outstanding 5.9 percent convertible unsecured subordinated debentures.
ASC Transactions & Valuation Issues
Charlotte, N.C.-based Novant Health could develop medical offices on a lot in Charlotte, pending city approval, The Charlotte Observer reports.
Nebraska Eye Associates has been acquired by ophthalmology and refractive surgery center owner and operator Vance Thompson Vision, according to the Hastings Tribune.
Omaha, Neb.-based Madonna Rehabilitation Hospitals plans to build a $3.8 million physician clinic in Omaha to accommodate growing demand for outpatient care, Live Well Nebraska reports.
A New Albany, Ohio-based medical building housing an orthopedic provider and a surgery center was acquired by Davis, a real estate company based in Minneapolis.
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St. Luke's Surgery Center-Boise (Idaho) is preparing to reopen after upgrades and renovations.
Here are 11 updates on ASC companies and industry-relevant companies to note:
Pensacola, Fla.-based Ascension Sacred Heart is building a $19 million surgery center it expects to open in November 2020, the Pensacola News Journal reports.
Hospitals are increasingly pursuing physician joint ventures, according to a 2019 survey from outpatient healthcare group Avanza Healthcare Strategies.
Profitability, consumer trends and physician relationships are some of the top reasons hospitals own ASCs, according to a 2019 survey from outpatient healthcare group Avanza Healthcare Strategies.