ASC Transactions & Valuation Issues

A 22,000-square-foot medical office and surgical center property in Bridgewater, N.J., was sold for $7 million, RISMedia reports.

Greenbrae, Calif.-based Marin Health Ventures leased 17,280 square feet in a medical office building to build an ASC, the North Bay Business Journal reports.

Tenet reported its ambulatory care segment revenue dropped 3.6 percent in the first quarter year over year, largely due to the sale of Aspen Healthcare in 2018.

‎Durham, N.C.-based Duke Health is adding a 30,000-square-foot addition onto the North Pavillion.

Plano, Texas-based New LifeCare Management Services plans to close a long-term, acute-care hospital it operates on Froedtert Health's property in Pewaukee, Wis., Milwaukee Business Journal reports.

Flagler Investment Holdings acquired a medical office building in Delray Beach, Fla., where an ASC operated by United Surgical Partners International performs more than 1,100 cases monthly.

Gadsden-based Northeast Alabama Eye Surgery Center proposed an ownership change involving a buyout of the ASC physician owners' assets, according to a proposal letter dated Jan. 31. 

Nashville, Tenn.-based HCA Healthcare's revenues increased 9.6 percent year over year in the first quarter of 2019, according to financial results posted April 30.

Worldwide Surgical Solutions received a commitment letter to finance 60 surgical complexes in Texas, according to CEO James Hamilton.

A medical center anchored by a United Surgical Partners International-backed ASC was sold to an unnamed buyer, the JLL Healthcare Capital Markets Group announced.