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.
ASC Transactions & Valuation Issues
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.
The physician partners of Little Rock (Ark.) Diagnostic Clinic entrusted Flagship Healthcare Trust with the acquisition of their medical office building, according to HC+O News.
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Nvision Eye Centers added the Olympia (Wash.) Eye Clinic and Ambulatory Surgery Center to its portfolio.
New York City-based Laser & Skin Surgery Center of New York partnered and recapitalized with BelHealth Investment Partners and dermatology services organization NavaDerm Aug. 2.
Despite $445.4 million in second-quarter 2019 revenues, Surgery Partners posted a net loss of $28.6 million for the quarter.
Summit Orthopedics' surgery center building in Eagan, Minn., was sold for $29.4 million. The transaction was first reported by the Minneapolis/St. Paul Business Journal.
WalletHub released its 2019 survey on the Best & Worst States for Health Care Aug 5.