ASC Transactions & Valuation Issues

Cincinnati Children's recently purchased the medical office building housing Northern Kentucky Outpatient Center in Crestview Hills, the Northern Kentucky Tribune reports.

Tacoma, Wash.-based CHI Franciscan and Seattle-based Virginia Mason Medical Center signed a memorandum of understanding July 16 to explore a potential merger, local news affiliate KIRO 7 reports.

A Tampa, Fla., medical office building housing an ASC is for sale, according to a listing from The Dohring Group, a commercial real estate firm.

There has been "an uptick in physicians selling their practices" since the start of the pandemic, said Allison Nelson, co-deputy chair of the real estate group for law firm Akerman, in an interview with GlobeSt.com.

ASCs Inc. and J.H. Winokur closed an ASC real estate sale-leaseback transaction for Sunrise, Fla.-based Baptist Eye Surgery Center.

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.

Cincinnati-based TriHealth paid $21 million to acquire an outpatient surgery center in Anderson Township, Ohio, in a cost-reducing move, the Cincinnati Business Courier reports.

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

Orlando (Fla.) Health will move forward with its agreement to purchase Bayfront Health St. Petersburg (Fla.) from Community Health Systems, Flapol reports.

Nashville, Tenn.-based Ascension Saint Thomas purchased a medical office building on its Midtown campus for $33 million, the Nashville Post reports.