ASC Transactions & Valuation Issues

Duluth, Minn.-based Essentia Health is spending $800 million through its new Vision Northland project, which will transform its downtown presence, Hometown Focus reports.

The Lexington Medical Center Foundation began a $3 million fundraising initiative to build a surgical center at Wake Forest Baptist Health-Lexington (S.C.) Medical Center, The Dispatch reports.

Los Angeles-based Keck Medicine of USC is opening a 33,000-square-foot ambulatory clinic in Arcadia, Calif.

Fifty-eight percent of recent and planned medical construction projects are in the outpatient arena, according to Colliers International Senior Vice President Beth Young.

Marietta, Ga.-based WellStar Health will break ground on a new outpatient facility near Alpharetta, Ga., MDJ reports.

The Surgery Center at Shrewsbury (Mass.) opened May 24, becoming the first new center in Massachusetts since the state lifted a moratorium preventing new centers in 2017, Mass Live reports.

More than 12,000 square feet of space was added to Goochland, Va.-based Medarva West Creek Surgery Center, the Richmond Times-Dispatch reports.

Addison, Texas-based United Surgical Partners International acquired ownership stakes in Jacksonville, Fla.-based Borland Groover's Jacksonville Center for Endoscopy in Southside, Fla., and Jacksonville Center for Endoscopy in Riverside, Fla.

Washington, D.C.-based Capital Digestive Care purchased a 100,000-square-foot medical complex in Rockville, Md., the Washington Business Journal reports.

A judge ruled in favor of Annapolis, Md.-based Anne Arundel Medical Center's bid to develop a cardiac surgery center, the Capital Gazette reports.