ASC Transactions & Valuation Issues

An Overland Park, Kan.-based medical office building housing Mid-America Surgery Center was sold for $15.4 million.

Surgery Partners reported a revenue increase in the first quarter of 2019, as well as a $28.6 million net loss.

Following a service-line expansion, Orthopedic Associates is adding an MRI suite to its building in Farmington, N.M., according to the Farmington Daily Times.

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

Meriden, Conn.-based MidState Medical Center applied for a certificate of need to take majority ownership of Milford (Conn.) Surgery Center.

Anchor Health Properties acquired a 68,485-square-foot class A outpatient medical office building in Franklin, Tenn.

Portland, Maine-based Northern Light Mercy Hospital is consolidating most of its services into its Fore River campus, local news affiliate WMTW reports.

New York City-based Northwell Health opened its $7M, 8,500-square-foot ambulatory care center in Glen Oaks, QNS.com reports.

Danbury-based Western Connecticut Orthopedic Surgical Center is awaiting state approval for an expansion project.

St. David's North Austin (Texas) Medical Center recently opened a standalone outpatient imaging center, eliminating its inpatient imaging services, Patch reports.