ASC Transactions & Valuation Issues

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.

Surgery Partners reported its first quarter 2018 financial results, reporting $417.4 million in revenues.

Envision Healthcare's ambulatory services, known as AmSurg, reported a 2.6 percent year-over-year decrease in net revenues due to weather and flu-related cancellations during the first quarter.

The Michigan Department of Health & Human Services granted certificate of need approval to three surgery centers in March.

The anticipated opening of WellSpan Health and Surgery Center in Penn Township, Penn., has been pushed back to spring 2019, Central Penn Business Journal reports.