ASC Transactions & Valuation Issues

After Eden Prairie, Minn.-based Optum hit $101.3 billion in revenue for 2018, Minnetonka, Minn.-based UnitedHealth Group CEO David Wichmann and Optum CEO Andrew Witty discussed the segment's outlook.

Tallmadge, Ohio-based Novus Eye Clinic sold its ASC and clinic property to a publicly traded real estate investment trust, according to HG Real Estate Partners.

Topeka, Kan.-based St. Francis Campus, a member of the University of Kansas Health System, purchased Tallgrass Surgical Center in Topeka.

Optum reported $101.3 billion in revenue for 2018, up by $10.1 billion from $91.2 billion reported in 2017.

The providers formerly practicing under Bend (Ore.) Urology Associates joined Bend-based Summit Medical Group Oregon.

The Denison Planning and Zoning Commission approved plans for a maxillofacial and oral surgery center near Denison, Texas-based Texoma Medical Center, the Herald Democrat reports.

Here are three joint venture ASCs opened or announced in the past couple of months:

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

Bayhealth's Milford (Del.) Memorial Hospital is developing a hospital in Sussex, Del. with an outpatient center, Delaware State News reports.

O'Fallon, Mo.-based Mercy Clinic acquired a 50-year-old orthopedic practice in Oklahoma City that includes an ASC, according to an Edmond Sun report.