ASC Transactions & Valuation Issues

Concorde Medical Group is joining Northwell Health.

  Becker's ASC Review has covered the closing of 16 ASCs this year. They include:

Two healthcare organizations are seeking permission to build outpatient surgical hospitals in Virginia, according to the Virginia Department of Health's monthly report.

A surgery center in Biloxi, Miss. is now affiliated with Memorial Hospital, according to local news station WLOX. The surgery center was renamed the Memorial Surgery Center at Cedar Lake through the partnership.

Here are 10 updates on ASC companies and industry-relevant companies to note:

A certificate of need was submitted to the state's Health Service and Development Agency for the relocation of the Specialty Surgery Center in Nashville, Tenn., according to the Nashville Post.

There were just over four dozen acquisitions and transactions involving ASCs, outpatient facilities or their properties in the first three quarters of 2019:

Beverly Hills-based California Elite Pain & Spine Institute merged with BioHealth Pain Management, according to CEPSI President Ben Shamloo, MD.

Stormont Vail Health purchased a 49 percent ownership stake in Manhattan (Kan.) Surgical Hospital and will expand the hospital's surgical and oncology programs, The Mercury reports.

Tenaya Medical Center in Las Vegas is now on the market, according to NAI Vegas.