ASC Transactions & Valuation Issues

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

Matoon, Ill.-based Sarah Bush Lincoln Health Center is seeking Charleston (Ill.) City Council approval for its 18,000-square-foot outpatient surgery center, the Journal Gazette-Times Courier reports.

Glens Falls (N.Y.) Hospital plans to consolidate six surgical teams and open new medical offices, The Post Star reports.

Here are four surgery center properties listed for sale or lease recently:

Columbus-based Ohio State University officials approved the purchase of land for a large outpatient care center in Dublin, Ohio, The Columbus Dispatch reports.

Tampa, Fla.-based Laser Spine Institute was unable to secure financing to continue operations and closed March 1.

As demand for outpatient care continues to rise, developers are scrambling to build medical office buildings, according to a CBRE report.

JRMC Real Estate sold the 75,000 square foot Poway, Calif.-based Palomar Health Outpatient Center to Harrison Street Real Estate Capital, Rebusiness Online reports.

The physician-owned Clarksville, Ind.-based Kentuckiana Medical Center is closing in April after facing a decade of financial woes, according to the Courier-Journal.

Medical City Frisco (Texas) broke ground on a 150,000-square-foot, $37 million medical office building and ASC project Feb. 27, Community Impact reports.