ASC Transactions & Valuation Issues

Detroit-based Henry Ford Health System plans to build an $87.2 million outpatient medical center with an ASC on the site of a former Kmart in Plymouth Township, Mich., The Detroit News reports.

Here are three ASC acquisitions and partnerships announced in June 2019:

Penn Medicine Lancaster (Pa.) General Health will renovate its outpatient facility in Elizabethtown, Pa., to accommodate cardiac and behavioral health services, local news affiliate Fox 43 reports.

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

Nashville, Tenn.-based HCA Healthcare acquired 24 MedSpring urgent care clinics from Bad Homburg, Germany-based Fresenius Medical Care.

Nashville, Tenn.-based Covenant Surgical Partners entered into a partnership with Los Angeles-based De La Peña Eye Clinic, acquiring its five clinics and ASC.

Healthcare services organization GPMF formed akiro, a consulting firm that will assist with closing transactions between healthcare entities.

Flagship Healthcare Trust acquired Little Rock Diagnostic Clinic, the largest multispecialty practice in central Arkansas, for $34.8 million, the Northwest Arkansas Democrat Gazette reports.

A medical office that once housed the now-defunct Laser Spine Institute is available for lease, according to Cozad Commercial Real Estate.

Covenant Surgical Partners is teaming up with Los Angeles-based De La Peña Eye Clinic, expanding its national portfolio of eyecare practices and surgery centers.