ASC Transactions & Valuation Issues

Nick Beale, director at Hammond Hanlon Camp, keeps a close eye on ASC transactions. He shared his observations on the topic with Becker's ASC Review.

Cape Regional Health System expects to open a $15 million, 19,000-square foot ASC on the campus of Cape Regional Medical Center in Cape May Court House, N.J. in the summer of 2020, according to the Press of Atlantic City.

Hospital of Central Connecticut wants to purchase a majority stake of the soon-to-open Rocky Hill Surgery Center, the Hartford Business Journal reports.

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

A building housing the Riverview, Fla.-based Bay Area Physicians Surgery Center and medical office has been listed for $7,810,000.

Healthcare merger and acquisition consulting company Vertess weighed in on the top factors that increase an ASC's value.

Broe Real Estate Group acquired Englewood, Colo.-based Dry Creek Medical Office Building for $15.6 million, the Colorado Real Estate Journal reports.

Palm Harbor-based Florida Surgery Consultants opened its seventh clinic in Polk County, Fla., The Ledger reports.

Medical equipment from a physician-owned hospital in Dallas that closed last month is scheduled to be auctioned off Aug. 21 and 22.

Here are four joint-venture ASCs opened or announced in July: