ASC Transactions & Valuation Issues

Value-based care, high-deductible health plans and changes in outpatient volumes have led ASCs, management companies and health systems to adjust their strategies in 2019.

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

Ballad Health reopened Bristol (Tenn.) Surgery Center after giving it a facelift.

Montecito Medical acquired Murfreesboro (Tenn.) Medical Properties' medical office building, which houses an ASC and a radiology department.

Salida, Colo.-based Heart of the Rockies Medical Center opened its Outpatient Pavilion for patients May 20, the Ark Valley Voice reports.

Providers across healthcare sectors continue seeking consolidation opportunities to increase access, lower costs and improve quality, according to VMG Health's "2019 Healthcare M&A Report."

Valhalla, N.Y.-based Westchester Medical Center will open its 280,000-square-foot Ambulatory Care Pavilion in late May, Iohud reports.

A Chicago-based private equity firm completed a strategic partnership with an Atlanta-based otolaryngology practice that includes seven locations and two affiliated ASCs.

Peoria (Ill.) Ambulatory Surgery Center gained state approval to change its ownership structure.

Englewood, N.J.-based The Center for Musculoskeletal Disorders acquired Bergenfield Surgical Center, a nearby ASC with two operating rooms, according to The Jewish Link of New Jersey.