ASC Transactions & Valuation Issues

Dallas-based Tenet Healthcare posted $24 million in second-quarter 2018 net income, compared to $56 million in net losses in the second quarter of 2017.

Miami-based Gastro Health is entering the central Florida market by acquiring Orlando's largest private gastroenterology group, Central Florida Gastroenterology.

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

In the second quarter, Nobilis Helath reported a 13.5 percent decrease in revenue due to discontinuing their lab testing ancillary. Going forward, the company is focused on increasing in-network revenue as well as expanding and diversifying its platform.

Property management firm Atkins Co. acquired a 27,685-square-foot medical office building in Plainville, Conn., for $5.5 million, Commercial Property Executive reports.

MBRE Healthcare purchased three surgery centers for $35 million, Commercial Property Executive reported.

Nobilis Health reported $69.2 million in second quarter revenue, a 13.5 percent decrease from the same period last year.

Here are four ASC acquisitions and partnerships announced in July 2018:

Atlanta-based Eye Health America acquired Clinton, S.C.-based Montgomery & Riddle Eyecare and Clinton-based The Surgery & Laser Center at Professional Park.

Dorchester-based University of Maryland Shore Regional Health proposed a new $75 million medical campus in Cambridge, Md., Dorchester Star reports.