ASC Transactions & Valuation Issues

Despite $452 million in third-quarter 2019 revenues, Surgery Partners posted a net loss of $24.8 million for the quarter.

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

Here are eight acquisitions involving surgery centers or their properties:

With more than two dozen different private equity-backed platforms, ophthalmology is in the midst of an investment boom that shows no signs of stopping, according to Provident. 

National eye surgery provider Nvision is considering a potential sale, PE Hub reports.

Multiple partnerships in the ASC space transpired in the past month:

Cape Girardeau, Mo.-based Saint Francis Healthcare will open Black River Ambulatory Surgery Center after receiving final state and federal approval, the Southeast Missourian reports.

Scott Fowler, MD, is the president and CEO of Holston Medical Group, which recently opened the Renaissance Surgery Center in Bristol, Tenn. Here, Dr. Fowler shares his thoughts on consolidation in the industry, and how he hopes the Renaissance Surgery…

Nashville, Tenn.-based HCA Healthcare reported revenues of nearly $12.7 billion in the third quarter of 2019, a year-over-year increase of about $11.5 billion. 

A new Gundersen Clinic with an outpatient surgery center is slated to open in spring 2020 in Winona, Minn., according to local ABC affiliate WXOW.