ASC Transactions & Valuation Issues

Here are seven ASC acquisitions and partnerships announced in November 2018:

Estero, Fla.-based Lee Health Coconut Point opened a 163,500-square-foot outpatient center featuring what is believed to be the first freestanding emergency department in Lee County, Fla., Business Observer reports.

The Houston City Council approved a community improvement district to fund Houston, Mo.-based Texas County Memorial Hospital's proposed on-campus surgery center, the Houston Herald reports.

Baltimore-based MedStar Franklin Square Medical Center took the first step on its new $70 million outpatient surgical pavilion, breaking ground Dec. 3, the Baltimore Sun reports.

The Trump administration released a proposal centered on offering quality healthcare at affordable prices, suggesting changes to certificate-of-need laws to promote choice and increase competition.

The Trump administration released a lengthy document examining the healthcare industry and making recommendations for changes going forward.

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

Manchester VA Medical Center will break ground on a new outpatient clinic in Somersworth, N.H., Dec. 3, The News Tribune reports.

Torrington, Conn.-based Charlotte Hungerford Hospital acquired the private practice of Bruce Janelli, MD, after he announced his retirement, The Register Citizen reports.

Sidney, Ohio-based Wilson Health plans to expand its outpatient care and surgical capacity through a joint venture with Piqua, Ohio-based Valley Regional Surgery Center.