ASC Transactions & Valuation Issues

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.

Greenbrae, Calif.-based Marin Health Ventures leased 17,280 square feet in a medical office building to build an ASC, the North Bay Business Journal reports.

Tenet reported its ambulatory care segment revenue dropped 3.6 percent in the first quarter year over year, largely due to the sale of Aspen Healthcare in 2018.