ASC Transactions & Valuation Issues

Santa Barbara, Calif.-based Cottage Health opened Santa Ynez (Calif.) Cardiology, an outpatient clinic, the Santa Ynez Valley Star reports.

Dayton, Ohio-based Kettering Health Network is wrapping up construction on its new Troy (Ohio) Hospital, which will include a surgery center, 2 News reports.

Seventy-four hospitals and health systems opened or announced plans for new ASCs in the past year.

LPC West acquired an Atascadero, Calif.-based medical office building situated on more than 100,000 square feet of land.

ASCs Inc. and J.H. Winokur identified five trends ASC administrators can use to ensure their ASC/medical office building transaction returns maximum value.

Welltower acquired a medical office building in Lynbrook, N.Y., for $48.1 million, Long Island Business News reports.

After planning to purchase DaVita's medical group for $4.9 billion, UnitedHealth Group's OptumHealth will now purchase the business for around $560 million less in an effort to expedite regulatory approval and accommodate for "underlying business performance," according to the Minneapolis…

Clemmons, N.C.-based Wake Forest Baptist Surgery Center sold its real estate, according to a Triad Business Journal report.

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

Healthcare deals hit a record total of $421 billion in 2018, and the transactions could radically change pharmaceuticals and disease treatments, Business Insider reports.