ASC Transactions & Valuation Issues

Raleigh, N.C.-based Compass Surgical Partners and a group of physicians sold a majority stake of Clearwater, Fla.-based Safety Harbor Surgical Center to Addison, Texas-based United Surgical Partners International.

Winston-Salem, N.C.-based Novant Health is opening the first freestanding, outpatient endoscopy center in Brunswick County, N.C., WilmingtonBiz reports.

Portland-based Maine Medical Center will seek board approval March 27 to launch an expansion project this spring, the Portland Press Herald reports.

Nashville, Tenn.-based Saint Thomas Health purchased three acres of land in Murfreesboro, Tenn., to facilitate an outpatient expansion, the DailyNews Journal reports.

Chattanooga, Tenn.-based Erlanger Health System's request to build a surgery center in Ringgold, Ga., was denied by the Georgia Department of Community Health, the Times Free Press reports.

The North Carolina Department of Health and Human Services issued Fayetteville, N.C.-based Valleygate Dental Surgery Center a certificate of need March 1, clearing the group to open its new center in Greensboro, N.C., June 1, the Triad Business Journal reports.

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

The Douglas Co. began construction on a 92,174-square-foot Department of Veterans Affairs facility in Rochester, N.Y., Digital Journal reports.

Moreno Valley, Calif.-based Riverside University Health System recently broke ground on a massive $200 million outpatient center that is being viewed as the missing piece, The Press-Enterprise reports.

Vestavia Hills, Ala.-based SmoothRock Surgery Center is preparing to open in a recently developed commercial business park, Vesta Viva Voice reports.