ASC Transactions & Valuation Issues

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.

Here are seven ASC acquisitions and partnerships announced in April 2019:

Des Moines, Iowa-based Wolfe Eye Clinic acquired Children's Eye Clinic of West Des Moines to better serve children in central Iowa.

Stamford (Conn.) ASC is transferring ownership from its multiple physician-owners to Greenwich, Conn.-based Orthopaedic & Neurosurgery Specialists, according to documents filed by the Connecticut Office of Health Strategy.

EBM Design Group is developing a 66,000-square-foot medical office building with a surgery center in Visalia, Calif., The Sun-Gazette reports.

A 22,000-square-foot medical office and surgical center property in Bridgewater, N.J., was sold for $7 million, RISMedia reports.