Here are 10 updates on ASC companies and industry-relevant companies to note:
ASC Transactions & Valuation Issues
Only 14 percent of investors surveyed in March 2018 said skilled nursing facilities met their acquisition requirements, compared to 72 percent for ASCs and 98 percent for medical office buildings, according to Skilled Nursing News.
Here are four joint venture ASCs opened or announced in April:
CHI Health St. Francis broke ground on its new surgery center while demolishing its old surgery center, local news affiliate KBNB reports.
Developers placed the last beam on Denver Health's 293,000-square-foot Outpatient Medical Center, Colorado Real Estate Journal reports.
University of Maryland Shore Regional Health will soon begin developing its 82,000-square-foot healthcare campus in Dorchester County after the state health board approved its proposal, the Dorchester Banner reports.
St. Cloud (Fla.) Regional Medical Center is building a 50,000-square-foot medical office building adjacent to its hospital, the Orlando Business Journal reports.
Competition may lead to higher prices being paid for healthcare assets this year, according to global management consulting firm Bain & Company's 2019 healthcare private equity report.
Prairie Heights Healthcare is opening an outpatient treatment center in Aberdeen, S.D., Aberdeen News reports.
During the first quarter of 2019, 52 new ASCs were opened, received approval or broke ground.
