ASC Transactions & Valuation Issues

Four companies that run ASCs recently released financial results for the third quarter.

A report in Medical Economics explored private equity investment in healthcare, finding that the investment isn't likely to stop.

San Antonio-based Methodist Healthcare plans to soon build a medical campus with an ASC, physician offices and an acute care hospital, San Antonio Express-News reports.

Here are 10 updates on ASC companies and industry-relevant companies to note:

Memorial Hospital in Gulfport, Miss., has expanded rapidly over the last several months, including The Surgery Center at Cedar Lake in Biloxi, Miss., among its multiple transactions, the SunHerald reports.

Cleveland-based VA Northeast Ohio Healthcare System will break ground on its new outpatient clinic in Youngstown, Ohio, Nov. 13, local CBS affiliate WKBN reports.

Mayo Clinic Health System in Fairmont, Minn., plans to eliminate six positions as it restructures its surgical services, the organization announced in a press release obtained by the Fairmont Sentinel.

ASC transactions surged in the third quarter of 2019, according to new research from Hammond Hanlon Camp.

Lockport, N.Y.-based Eastern Niagara Hospital filed for chapter 11 bankruptcy protection Nov. 7, citing, among an array of expenses, debt acquired from opening a surgery center, The Buffalo News reports.

Healthcare Realty Trust purchased a class A medical office building in Raleigh, N.C., for $21.6 million from Wake Internal Medicine Consultants, Commercial Property Executive reports.