ASC Transactions & Valuation Issues

Nvision Eye Centers added the Olympia (Wash.) Eye Clinic and Ambulatory Surgery Center to its portfolio.

New York City-based Laser & Skin Surgery Center of New York partnered and recapitalized with BelHealth Investment Partners and dermatology services organization NavaDerm Aug. 2.

Despite $445.4 million in second-quarter 2019 revenues, Surgery Partners posted a net loss of $28.6 million for the quarter.

Summit Orthopedics' surgery center building in Eagan, Minn., was sold for $29.4 million. The transaction was first reported by the Minneapolis/St. Paul Business Journal.

WalletHub released its 2019 survey on the Best & Worst States for Health Care Aug 5.

Pewaukee, Wis.-based Lake Country Surgery Center closed and voluntarily terminated its Medicare benefits in December 2018.

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

Tenet's ambulatory care segment revenue increased 5.3 percent year over year in the second quarter of 2019, the company reported on Aug. 5.

Nashville, Tenn.-based Covenant Surgical Partners is in the midst of an acquisition spree. Fueled by private equity money, the physician services organization has acquired several practices this year and has its sights set on more.

Upper Kirby Surgery Center in Houston is looking to partner with interested surgeons, according to founding partner Forrest Roth, MD.