KKR Co. first quarter as a corporation was strong, with the private equity firm posting net income of $680.4 million, a 40 percent year-over-year increase
ASC Transactions & Valuation Issues
Nashville, Tenn.-based HCA Healthcare reported a 7.4 percent increase in revenue to $11.5 billion, as well as success among its outpatient surgery facilities.
Burlington, Mass.-based Lahey Clinic Foundation earned approval to convert a former emergency room at Burlington, Mass.-based Lahey Hospital and Medical Center into an endoscopy center, the Daily Times Chronicle reported.
Pasadena, Calif.-based Acuity Eye Group opened two new Dry Eye Centers.
Baltimore-based University of Maryland Shore Regional Health is seeking approval to swap Cambridge, Md.-based UM Shore Medical Center at Dorchester for a new medical campus with a freestanding medical facility, the Dorchester Star reports.
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Stillwater (Okla.) Medical Center will expand the Stillwater Surgery Center after purchasing a 50 percent stake in the corporation that owns the center, the Stillwater News Press reports.
The urgent-care division of Minnetonka, Minn.-based UnitedHealth Group is opening new facilities in Texas, further expanding UnitedHealth's presence in the state, the StarTribune reports.
Investment firm LaSalle Property Fund purchased Memorial Hermann Medical Plaza in Houston for $405 million in July, The Wall Street Journal reports.
Fargo, N.D.-based Sanford Health purchased space in Aetna's building in Bismarck, N.D., the Bismarck Tribune reports.
Columbia, S.C.-based Northeast Oral Surgery & Implant Center is opening a third location after seeing high demand in the Camden area, the Chronicle-Independent reports.