ASC Transactions & Valuation Issues

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

Houston-based MD Anderson Cancer Center is developing a 260,000-square-foot outpatient center in Katy, Texas, Community Impact reports.

Fairmont, W.Va.-based Valley Health System and East Mountain Health Physicians partnered to build a 40,000-square-foot ambulatory care center in Winchester, W.Va., The Journal reports.

We are seeing significant interest in surgery center M&A from the buyer community based on new criteria. For many years we saw buying almost exclusively by national ASC management companies that would partner with independent physicians who had created significant…

Norfolk-based Virginia Eye Consultants, a multi-specialty practice with 11 ophthalmologists and six optometrists, joined Cincinnati-based CEI Vision Partners.

The number of ophthalmology practice and surgery center acquisitions by private equity firms continued surging in 2018, with eight new players entering the market through October 2018, according to PhysiciansFirst Healthcare Partners.

To preserve competition, federal antitrust agencies may require parties to divest certain assets before allowing a merger, according to law firm Epstein Becker Green.

KKR's acquisition of Nashville, Tenn.-based Envision Healthcare in June 2018 was the second biggest deal of 2018, according to a PwC report.

New York City-based Mount Sinai Health System's investment arm is taking a minority stake in a planned ASC, according to Tal Healthcare Vice President of Executive Search Monica Heymann.

The Powell (Ohio) planning and zoning commission is expected to approve Columbus-based The Ohio State University's plans for an ambulatory care center in the city Jan. 23, ThisWeek reports.