ASC Transactions & Valuation Issues

There are several players in the outpatient surgery space interested in ASCs.

Estero (Fla.) Urgent Care closed one of its offices at the end of February, not long after two large healthcare providers opened medical facilities in the area, according to News-Press, part of the USA Today Network.

HCA Houston Healthcare Cypress Fairbanks is transitioning from a full-service hospital into a freestanding emergency room, effectively immediately, Community Impact reports.

CNL Healthcare Properties II will sell the medical office building housing Orlando, Fla.-based Mid-America Surgery Center to HCP Medical Office Buildings for $15.4 million.

Wellspring Capital Management is acquiring Minneapolis-based Center for Diagnostic Imaging for an undisclosed amount.

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

UC Davis Medical Center in Sacramento, Calif., opened a children's surgery center, according to Medical Construction & Design.

Surgery Partners reported 32 percent revenue growth in 2018, and the company is poised for additional growth in 2019.

Toronto, Canada-based Medical Facilities Corp. reported higher same-facility surgical case volume for the fourth-quarter of 2018 and achieved record revenue for the year, according to results posted March 14.

Dulles Oral Surgical Center's property in Chantilly, Va., is up for lease, according to Century 21 New Millennium.