ASC Transactions & Valuation Issues

Columbus-based Ohio State University officials approved the purchase of land for a large outpatient care center in Dublin, Ohio, The Columbus Dispatch reports.

Tampa, Fla.-based Laser Spine Institute was unable to secure financing to continue operations and closed March 1.

As demand for outpatient care continues to rise, developers are scrambling to build medical office buildings, according to a CBRE report.

JRMC Real Estate sold the 75,000 square foot Poway, Calif.-based Palomar Health Outpatient Center to Harrison Street Real Estate Capital, Rebusiness Online reports.

The physician-owned Clarksville, Ind.-based Kentuckiana Medical Center is closing in April after facing a decade of financial woes, according to the Courier-Journal.

Medical City Frisco (Texas) broke ground on a 150,000-square-foot, $37 million medical office building and ASC project Feb. 27, Community Impact reports.

Pittsburgh-based UPMC posted its 2018 year-end financials, highlighting 25 percent growth in outpatient-related revenues, TribLive reports.

Greenville, S.C.-based Jervey Eye Group opened a new office and surgery center in Greenville.

The University of Miami (Fla.) Health System is constructing an outpatient medical facility in North Miami, the South Florida Business Journal reports.

The Mount Pleasant (Wis.) Village Board approved Milwaukee-based Advocate Aurora Health's $228 million, 198,000-square-foot medical center and 98,000-square-foot medical office building rezoning requests, the Kenosha News reports.