ASC Transactions & Valuation Issues

Acute hospital transactions were down in the first quarter of 2019, according to a report from Ponder.

New York City-based Mount Sinai Ambulatory Ventures and Ridgefield, Conn.-based Merritt Healthcare applied for a certificate of need to build a $10.2 million, gastroenterology-focused ASC, according to the submitted application.

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

Hamilton, Mont.-based Marcus Daly Memorial Hospital is offering the public a peak behind the curtain of its new surgery center, the Bitterroot Star reports.

Mercy Health-Cincinnati will soon open a medical office building housing Cincinnati Eye Institute's new surgical center, the Cincinnati Business Courier reports.

Jeffrey Flynn, administrator and COO of Gramercy Surgery Center in New York City, examines how ASCs can develop successful joint venture partnerships with hospitals and other organizations.

Michael Patterson, president and CEO of Mississippi Valley Health in Davenport, Iowa, discusses the key aspects of a successful ASC joint venture.

JLL Healthcare Capital Markets Group sold an Indianapolis building occupied by Senate Street Surgery Center to an unspecified buyer, according to JLL Capital Markets Executive Vice President Justin Hill.

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

Boiling Springs, S.C.-based Palmetto Eye & Laser Center moved into its new office and outpatient surgery center April 16, according to a statement on the practice's website.