ASC Transactions & Valuation Issues

Houston Methodist Hospital will demolish a portion of the hospital's outpatient center and build a cleanroom in its place, GlobeSt.com reports.

The North Carolina Department of Health and Human Services approved Chapel Hill-based UNC Health Care's $32 million proposal to build a pair of outpatient clinics, the Triangle Business Journal reports.

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

Here are seven hospitals and health systems that opened or announced plans for ASCs in October:

Medical Facilities Corp. had a strong third quarter, increasing its surgical caseload by 47.4 percent.

First Choice Healthcare Solutions posted a loss of $263,587 for the third quarter of 2018.

Voters in Fort Worth, Texas, approved an $800 million bond for Fort Worth-based John Peter Smith Hospital, passing it with more than 82 percent of the vote, the Star-Telegram reports.

The Oroville (Calif.) City Council cleared Oroville Hospital's proposed expansion and approved issuing up to $285 million in bond financing for the project, according to the Oroville Mercury-Register.

Erie, Pa.-based Saint Vincent Hospital will expand its outpatient women's services and relocate them to a building north of the hospital, GoErie.com reports.

A new Moody's report outlines Envision's strategy after the KKR leveraged buyout, which details the uncertainty around AmSurg, the company's ambulatory division.