ASC Transactions & Valuation Issues

Nashville, Tenn.-based Montecito Medical acquired Pinnacle Orthopaedics Center's medical office building and surgery center in Woodstock, Ga.

Medical Facilities Corp. started off the first quarter of fiscal year 2018 with a bang, when it announced its acquisition of seven ASCs through its partnership with NueHealth and the rest of the quarter followed suit.

Surgery Partners reported 45.8 percent increased revenue in the first quarter as well as $25.3 million in net losses.

Here are four hospitals and health systems that opened or announced plans for ASCs in April.

Here are seven updates for ASC leaders to know for May 10, 2018.

Consolidation is sweeping the U.S. healthcare market, from Optum's acquisition of Surgical Care Affiliates to Cigna's intent to take over CVS and Express Scripts.

Franklin Street refinanced Tampa, Fla.-based Citrus Park Surgery Center to help the current note holder avoid potential foreclosure, according to a Franklin Street announcement.

Bozeman (Mont.) Health and United Surgical Partners International partnered to build a $20 million ASC in West Bozeman, according to the Bozeman Daily Chronicle.

Marlton, N.J.-based Virtua Health is negotiating to add 13 independent ASCs to its network, NJ Biz reports.

Wayne UNC Health Care in Goldsboro, N.C., opened the first phase of its new surgery center, also in Goldsboro, May 8, the Goldsboro Daily News reports.