ASC Transactions & Valuation Issues

Private equity firm Palamon Capital Partners sold its stake in Furth, Germany-based ophthalmology group Ober Scharrer for 3.6 times its initial investment, Private Equity News reports.

Here are nine updates on ASC and industry-relevant companies to note.

Oregon House Bill 4020 was unanimously passed on March 12, which will allow extended stay recovery centers in the state.

Does hospital or ASC ownership affect orthopedic surgery utilization?

The final steel beam of W.W. Hastings' 469,000-square-foot outpatient health facility in Tahlequah, Okla., was put in place March 9, the Muskogee Phoenix reports.

Here are seven hospitals and health systems that opened or announced plans for ASCs in February.

Opelika-based East Alabama Medical Center plans to open a freestanding emergency department with an ASC in Auburn, Ala., The Auburn Villager reports.

The New York Department of Health approved Kingston, N.Y.-based HealthAlliance of Hudson Valley's $92 million expansion of its campus in midtown Kingston, the Daily Freeman reports.

Stuart, Fla.-based Martin Health System, Compass Surgical Partners and a group of physician investors will open the Stuart Surgery Center in early 2018.

Nobilis Health reported $299.7 million in 2017 revenue, a 4.9 percent increase over the previous year.