ASC Transactions & Valuation Issues

Here are six hospitals and health systems that opened or announced ASCs in December:

Vascular Institute of Chattanooga (Tenn.) will open its 4,000-square-foot clinic extension to the public Jan. 31, TheChattanogan.com reports.

Chicago's transactions had the highest cost from 2015 to 2018, among the 10 cities with the most healthcare deals in that time, according to a Mergermarket report.

Carris Health entered into a professional services agreement with Willmar, Minn.-based Family Practice Medical Center, the West Central Tribune reports.

HPIII Milwaukee purchased Brookfield, Wis.-based Elmbrook Medical Arts Center, a medical office building, for $10.4 million, BizTimes reports.

Boston was the No. 1 city for healthcare transactions. Ninety-three companies based in the city were sold from 2015 to 2018, according to a Mergermarket report.

Law firm Foley & Lardner expects to see more private equity recapitalization transactions in orthopedics in 2019, according to JDSupra, and Provident Healthcare Partners Analyst Robert Aprill supports the prediction.

Cincinnati-based CEI Vision Partners acquired Toledo, Ohio-based surgical practice Retina Vitreous Associates for an undisclosed amount, the Cincinnati Business Courier reports.

Dallas-based Tenet Executive Chairman and CEO Ron Rittenmeyer gave a presentation at the 37th Annual J.P. Morgan Healthcare Conference in San Francisco Jan. 8.

Dallas-based Healthcap Partners bought the Calumet City, Ill.-based Eyecare Service Partners Surgery Center and Medical Facility, according to REJournals.