ASC Transactions & Valuation Issues

Montgomery, Ala.-based Capitol City Vascular will rebrand as Azura Vascular Care Capitol City, keeping its leadership structure the same.

Vero Beach (Fla.) Surgery Center's property is now on the market, according to MedSouth Healthcare Properties.

UnitedHealth Group's health services arm, Optum, acquired Deerfield, Ill.-based Surgical Care Affiliates in January 2017, and since then the ASC management company has steadily grown.

Dallas-based Tenet Healthcare laid out the details of its $4.2 billion private placement offering.

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

Surgical Notes selected a new CEO and completed a majority recapitalization in partnership with The CapStreet Group, a Houston-based private equity firm.

ASC and physician practice management transactions were up 15 percent year over year in the second quarter of 2019, according to research Hammond Hanlon Camp published on Aug. 1.

Vanderbilt University Medical Center acquired Tennova Healthcare-Lebanon's two-campus facility, physician clinic operations and outpatient services on Aug. 1, according to The Chronicle Of Mt. Juliet.

Physicians Realty Trust's second-quarter 2019 revenues dropped to $94.9 million from $107 million in 2018, but the company still reported a net gain of $6.7 million.

Mercy, a Chesterfield, Mo.-based health system, is considering a strategic partnership with Orthopaedic Specialists of the Four States, The Joplin Globe reports.