ASC Transactions & Valuation Issues

Dallas-based Tenet Healthcare CEO Ron Rittenmeyer touted the company's financial and cultural change in the company's 2018 earnings call, driven by a strong year from its ambulatory division, United Surgical Partners International, which reported a 7.5 percent net operating revenue…

Germantown, Tenn.-based West Cancer Center purchased a building previously owned by Memphis, Tenn.-based Methodist Le Bonheur which includes a surgery center after the groups ended their operating partnership, Memphis Business Journal reports.

Dallas-based Tenet's ambulatory care segment, United Surgical Partners International, reported a slight increase in fourth quarter revenue and larger increase year over year in 2018.

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

A two-building office complex in Scottsdale, Ariz., was sold for $16.38 million, Phoenix Business Journal reports.

Houston Methodist Baytown (Texas) Hospital opened an outpatient center Feb. 25, The Baytown Sun reports.

Ophthalmology practices have become an attractive investment for private equity firms, with the number of PE-backed vision platforms growing from roughly 10 to 30 since 2017.

Avanza Healthcare Strategies recently surveyed healthcare leaders about investment in ASCs. Here, Avanza President and CEO Joan Dentler shares the findings and takeaways with Becker's ASC Review.

An ASC plans to occupy space in a medical office building being developed in Sugar Land, Texas, by D'Agostino Cos.

A university committee approved Columbus-based The Ohio State University Wexner Medical Center's plan to acquire property for an ambulatory care center, The Lantern reports.