ASC Transactions & Valuation Issues

Sandusky, Ohio-based Firelands Regional Medical Center will close its ASC in June and reopen it in collaboration with NOMS Healthcare and Fisher-Titus Medical Center in Norwalk, Ohio, according to the Norwalk Reflector.

KKR's acquisition of Envision Healthcare was the largest healthcare buyout of 2018, according to global management consulting firm Bain & Company's 2019 healthcare private equity report.

The Toronto Stock Exchange accepted Medical Facilities Corporation's normal course issuer bid to repurchase up to 621,144 common shares.

Caliber Brokerage and WellNow Urgent Care are seeking city approval to build a 3,500-square-foot medical clinic in Buffalo, N.Y., The Buffalo News reports.

Tacoma, Wash.-based CHI Franciscan agreed to settle a federal antitrust lawsuit related to the acquisition of an orthopedic practice and affiliation with a separate multispecialty physician group that the state's Attorney General deemed anticompetitive, according to the Washington State Attorney…

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

Only 14 percent of investors surveyed in March 2018 said skilled nursing facilities met their acquisition requirements, compared to 72 percent for ASCs and 98 percent for medical office buildings, according to Skilled Nursing News.

Here are four joint venture ASCs opened or announced in April:

CHI Health St. Francis broke ground on its new surgery center while demolishing its old surgery center, local news affiliate KBNB reports.

Developers placed the last beam on Denver Health's 293,000-square-foot Outpatient Medical Center, Colorado Real Estate Journal reports.