ASC Transactions & Valuation Issues

Matthew Searles, partner at Merritt Healthcare Advisors, discusses key trends for ASCs today and where the industry is headed.

Hillsboro, Ohio-based Highland District Hospital is relocating two surgical services to a newly remodeled clinic, according to The Highland County Press.

An Arizona investor acquired Chandler, Ariz.-based Sonoran Desert Surgery Center, AZBigMedia reports.

Management services organization EyeSouth Partners entered into a partnership with Panama City-based Eye Center of North Florida, its second such partnership in Florida.

Here are three ASCs that have recently expanded:

Ferriday, La.-based Riverland Medical Center's board of directors voted unanimously to suspend surgery services due to "massive" departmental losses, according to the Concordia Sentinel.

PrimeMed Realty acquired a medical office housing Davenport-based Heart and Vascular Institute of Florida for $4.6 million, according to Ofer Stark, a partner of the healthcare real estate firm.

Here are 12 updates on ASC companies and industry-relevant companies to note: 

Baltimore-based Johns Hopkins Medicine is celebrating the opening of Pavilion III, a 110,000-square-foot medical office building, on Sept. 28, The Baltimore Sun reports.

Schenectady, N.Y.-based Ellis Medicine abandoned plans to build an ASC on 11 acres of land in Clifton Park, N.J., but it's still planning future expansion at the property, according to The Daily Gazette.