ASC Transactions & Valuation Issues

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.

Lianne McDowell, CASC, administrator of South Portland Surgical Center in Tualatin, Ore., shares her observations about how the healthcare field is changing and how her center will promote sustained growth over the next few years.