Sioux Falls, S.D.-based Avera Health is developing a surgical hospital with an attached medical office building that could open as soon as October 2019, ABC affiliate KSFY reports.
ASC Transactions & Valuation Issues
Nashville, Tenn.-based HCA Healthcare CEO Sam Hazen and CFO Bill Rutherford discussed the company's growth in 2018 and strategy for the coming year during the 2018 earnings report conference call, as transcribed by Seeking Alpha.
Nashville, Tenn.-based HCA Healthcare reported an increase in overall revenue in 2018, hitting $46.6 billion.
Hillsboro, Ohio-based Highland District Hospital is planning a $23 million multiphase expansion, including the development of an outpatient orthopedic and sports medicine clinic, the Times Gazette reports.
Los Angeles-based Cedars-Sinai Medical Center is expanding an established gastroenterology practice in Santa Monica, Calif. by adding other specialties, the Los Angeles Business Journal reports.
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Private equity firm Investcorp acquired Uniondale, N.Y.-based Health Plus Management.
A 12,500-square-foot medical block is available for lease at Woodburn Medical Park in Annandale, Va., according to Gittleson Zuppas Medical Realty.
Provident Healthcare Partners Analyst Robert Aprill told Becker's ASC Review what to expect from private equity groups in 2019, as well as which sectors will set the tone for consolidation.
Here are five updates on ASC companies and industry-relevant companies to note:
Houston-based MD Anderson Cancer Center is developing a 260,000-square-foot outpatient center in Katy, Texas, Community Impact reports.