Stocks continue to be tumultuous as most companies take a beating in response to the COVID-19 pandemic.
ASC Transactions & Valuation Issues
Florida Gov. Ron DeSantis used an executive order to delay all elective surgeries in the state March 20 to combat the spread of COVID-19, the Pensacola News Journal reports.
Fayetteville, Ark.-based North Hills Surgery Center suspended operations March 20 to combat the COVID-19 pandemic, CBS affiliate 5 News reports.
Pittsburgh-based UPMC will close its ASCs and other outpatient locations to protect staff and save protective equipment to combat the COVID-19 pandemic, the Pittsburgh Post-Gazette reports.
Sen. Ted Cruz, R-Texas, introduced a bill on March 19 that would allow physician-owned hospitals to expand their facilities in the wake of the coronavirus pandemic, according to Bloomberg Government.
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Surgery centers are canceling elective surgeries or imposing visitor limits in response to the COVID-19 pandemic.
The physician shareholders of Connecticut Orthopaedic Specialists want to transfer their surgery center ownership interest to Hartford (Conn.) Health Care Surgery Center Holdings, according to a March 9 document from the Connecticut Office of Health Strategy.
Seattle-based Proliance Surgeons canceled elective procedures at its 90 clinical care centers and 20 ASCs March 17 in response to the COVID-19 pandemic.
Surgery centers are canceling elective surgeries or imposing visitor limits in response to the COVID-19 pandemic.
ASCs can play a key role in combating COVID-19, according to a special report by MSNBC's "Morning Joe."