ASC Transactions & Valuation Issues

Despite $452 million in third-quarter 2019 revenues, Surgery Partners posted a net loss of $24.8 million for the quarter.

Portland-based Maine Medical Center received unanimous approval from the city planning board to build a $59 million medical office building on its campus in Scarborough, Maine, the Portland Press Herald reports.

Tenet plans to pay around $66 million to settle a lawsuit alleging the company violated False Claims, Anti-kickback Statute and Stark Law related to services performed at one of its hospitals, according to a recent SEC filing.

Landmark Surgery Center relocated from Saint Paul, Minn., to Woodbury, Minn., on Sept. 23 to accommodate growth and improve accessibility.

Tenet Healthcare ended the third quarter with earnings growth and a net loss stemming from refinanced debt.

The Dublin (Ohio) City Council approved a zoning change for the future Ohio State University Wexner Medical Center campus Nov. 4, ThisWeek Community News reports.

Most ASCs aren't involved in ACO or joint venture care models and don't plan to be, according to OR Manager's 2019 Salary/Career Survey.

Canton-Potsdam (N.Y.) Hospital will unveil the Leroy Outpatient Center Nov. 12 at an open-house event for the public, North Country Now reports.

Despite $452 million in third-quarter 2019 revenues, Surgery Partners posted a net loss of $24.8 million for the quarter.

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