Here are seven updates on ASC companies and industry-relevant companies to note:
ASC Transactions & Valuation Issues
There are several trends popping up in relation to healthcare mergers and acquisitions, including the interest of private equity firms, combination transactions, consolidation of physician-owned practices and formation of more management services organizations.
Philadelphia-based Penn Medicine broke ground on a $200 million outpatient center in Radnor, Pa., Philly Voice reports.
St. George, Utah-based Intermountain Dixie Regional Medical Center opened its Respiratory Outpatient Clinic, St George News reports.
Addison, Texas-based United Surgical Partners International affiliate Frontenac (Mo.) Surgery and Spine Care Center is expanding.
Cushman & Wakefield is leasing medical space at the Palm Beach Orthopaedic Institute in Palm Beach Gardens, Fla., with a surgery center in the works.
Morris (Ill.) Hospital & Healthcare Centers plans to modernize its main campus and add two facilities over the next three years, according to The Free Press Newspapers.
The U.S. Department of Veterans Affairs is building a 42,000-square-foot outpatient care clinic in Chico, Calif., Action News Now reports.
Danville, Pa.-based Geisinger Health System recently opened an outpatient vascular clinic in Pottsville, Pa.
Revelstoke Capital Partners subsidiary CEI Vision Partners entered into partnerships with Retina Physicians and Surgeons and Dayton Eye Associates, the Bristol Herald Courier reports. Both are based in Dayton, Ohio.
