ASC Transactions & Valuation Issues

After reporting a drop in hospital operations revenue in the third quarter of 2018, Dallas-based Tenet Healthcare Corp. closed the sale of three Chicago-area hospitals to Los Angeles-based Pipeline Health.

Lincoln City (Ore.) Eye Clinic moved to a new office in Lincoln City, Newport News Times reports.

  Nashville, Tenn.-based HCA Healthcare CEO Sam Hazen said the current healthcare environment is presenting once-in-a-lifetime opportunities for the company to make sizeable acquisitions, according to the Nashville Business Journal.

Physician specialties such as gastroenterology, orthopedics and urology saw an uptick in private equity consolidation activity in the fourth quarter of 2018, according to Provident Healthcare Partners.

Stuart, Fla.-based Martin Health System is making progress on its outpatient facility development, according to SageGlass Regional Sales Manager Carl Newhouse.

Los Angeles-based Pipeline Health expanded into the Texas market by acquiring 22 freestanding emergency rooms, The Dallas News reports.

Gaithersburg, MD-based Adventist HealthCare will open its Silver Spring (Md.) Hospital, improving the health system's inpatient and outpatient capabilities, the Washington Business Journal reports.

Sioux Falls, S.D.-based Avera Health is developing a surgical hospital with an attached medical office building that could open as soon as October 2019, ABC affiliate KSFY reports.

Nashville, Tenn.-based HCA Healthcare CEO Sam Hazen and CFO Bill Rutherford discussed the company's growth in 2018 and strategy for the coming year during the 2018 earnings report conference call, as transcribed by Seeking Alpha.

Nashville, Tenn.-based HCA Healthcare reported an increase in overall revenue in 2018, hitting $46.6 billion.