ASC Transactions & Valuation Issues

Northern Light Blue Hill (Maine) Hospital is discontinuing surgical services, including outpatient procedures, according to the Castine Patriot.

McGuireWoods published a white paper on the future of orthopedic practice investment by private equity firms.

The healthcare market in Gilbert, Ariz., is booming, with new entrants reflecting bigger industry trends, according to Community Impact. 

Oceanside, N.Y.-based South Nassau Communities Hospital is seeking the Long Beach zoning board's approval for its $40 million outpatient medical facility proposal, Newsday reports.

Arizona health systems have adjusted their growth strategies to accommodate a growing population and demand for outpatient services — and real estate brokers have noticed, GlobeSt.com reports.

Healthcare real estate private equity platform Hammes Partners purchased Gilbert, Ariz.-based Spectrum Medical Commons from Irgens for $17.75 million, AZBigMedia reports.

Retail investors are snapping up medical office buildings, and activity in the sector could have implications for ASC operators, according to Hammond Hanlon Camp Vice President Matthew Tarpley.

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

The National Law Review outlined several antitrust enforcement-related challenges for physician practice transactions.

Chicago real estate developer HSA PrimeCare is building a 40,000-square-foot medical office pavilion on the campus of New Lenox, Ill.-based Silver Cross Hospital, BisNow reports.