ASC Transactions & Valuation Issues

Here is a snapshot of five large ASC chains based on their second quarter financial report and earnings call.

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

In the second quarter of 2018, Surgery Partners boosted surgical cases 17.8 percent and reported revenue was up 54.2 percent year over year. 

Prosper Holdings bought the facility housing Deerfield, Ill.-based Surgical Care Affiliates' Greensboro (N.C.) Specialty Surgical Center for $9.3 million, Triad Business Journal reports.

In a follow-up to its joint exposé on surgery center adverse events, USA Today and Kaiser Health News published another piece examining a series of patient deaths in 2014 at Little Rock, Ark.-based Kanis Endoscopy Center, highlighting the lack of…

Toronto, Canada-based Medical Facilities Corp.'s acquisition of seven ASCs in the first quarter drove strong growth in revenue and surgical cases during the second quarter.

Atlanta-based Eye Health America, an eye care practice management company, acquired Clinton, S.C.-based Montgomery & Riddle Eyecare.

Palos Heights, Ill.-based Palos Health and Maywood, Ill.-based Loyola Medicine are cutting the ribbon on Palos Health South Campus in Orland Park, Ill., Patch reports.

Tampa, Fla.-based Physician Partners of America plans to open the first phase of its medical pavilion in Orlando, Fla., Aug. 13.

Brentwood, Tenn.-based Surgery Partners reported its second quarter 2018 financial results, reporting $444.8 million in revenues.