ASC Transactions & Valuation Issues

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

Here are seven hospitals and health systems that opened or announced plans for ASCs in October:

Medical Facilities Corp. had a strong third quarter, increasing its surgical caseload by 47.4 percent.

First Choice Healthcare Solutions posted a loss of $263,587 for the third quarter of 2018.

Voters in Fort Worth, Texas, approved an $800 million bond for Fort Worth-based John Peter Smith Hospital, passing it with more than 82 percent of the vote, the Star-Telegram reports.

The Oroville (Calif.) City Council cleared Oroville Hospital's proposed expansion and approved issuing up to $285 million in bond financing for the project, according to the Oroville Mercury-Register.

Erie, Pa.-based Saint Vincent Hospital will expand its outpatient women's services and relocate them to a building north of the hospital, GoErie.com reports.

A new Moody's report outlines Envision's strategy after the KKR leveraged buyout, which details the uncertainty around AmSurg, the company's ambulatory division.

Dallas-based Tenet Healthcare's hospital operations revenue dropped to about $3.7 billion in the third quarter of 2018, a sharp contrast to Addison, Texas-based United Surgical Partners International's 7.3 percent growth. USPI posted $502 million in net operating revenue.

Atlanta-based Eye Health America made its sixth acquisition of the year, adding Tampa Bay, Fla.-based Updegraff Laser Vision to its portfolio.