ASC Transactions & Valuation Issues

As an investor on ABC's Shark Tank, Kevin O'Leary has seen it all. Great ideas are a dime a dozen but it's execution skills that really drive a pitch home to potential investors.

Consolidation is rocketing through the outpatient space, spurred by private equity investors and hospitals looking to grow.

The Grand Rapids, Mich., building housing East Paris Surgical Center was purchased for $2.8 million, according to Ashish Vakhariya of Marcus & Millichap, a commercial real estate brokerage firm.

Cleveland Clinic of Florida opened the $36 million Cleveland Clinic Family Health Center in Stuart, Fla., Oct. 21, the TCPalm reports.

Here are 11 updates on ASC companies and industry-relevant companies to note:

Here are nine ASC property sales Becker's ASC Review has covered so far this year:

Frankfort, Ill.-based OAK Orthopedics is building a $15.5 million surgery center, The Daily-Journal reports.

Josie Robertson Surgery Center in New York City was redesigned to improve the patient experience, according to Fast Company. 

A medical plaza housing a rare off-campus ASC in Surprise, Ariz., was sold for nearly $6.3 million, according to Mindy Korth, executive vice president of investment properties at Colliers International.

Chillicothe, Ohio-based Adena Health System will break ground on its Orthopedic and Robotic Surgery Center Oct. 23, the Circleville Herald reports.