ASC Transactions & Valuation Issues

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.

Optum completed its acquisition of DaVita Medical Group, which will now become part of OptumCare alongside the company's ASC business, Surgical Care Affiliates.

A 30,000-square-foot surgery center will be the first project to open in a new 640-acre mixed-use development in North Bismarck, N.D., local news affiliate YourNewsLeader.com reports.

Vascular Institute of Chattanooga opened its office in Cleveland, Tenn., TheChattanoogan.com reports.