Acquisition activity in the West is concentrated in a few cities with new networks looking to expand, but private equity has yet to reach several promising areas, according to PhysiciansFirst Healthcare Partners.
ASC Transactions & Valuation Issues
Cleveland Clinic Children's will open a $28 million freestanding outpatient center Sept. 24, The Plain Dealer reports.
Here are 10 updates on ASC companies and industry-relevant companies to note:
Here are 10 hospitals and health systems that opened or announced plans for ASCs in August:
As growing reimbursement pressures force innovation, several dermatologists are banding together to increase their negotiating power and efficiency.
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Englewood, Colo.-based Dry Creek Ambulatory Surgery Center sold for $4 million over Labor Day weekend, Denver Business Journal reports.
Winston-Salem, N.C.-based Kokonot Enterprises sold the office building of Winston-Salem-based Novant Health Salem Surgical Associates for $1.93 million, Triad Business Journal reports.
Phoenix-based Mayo Clinic in Arizona is about to start its largest expansion to date as it drastically transforms its campus, AZ Central reports.
Southfield, Mich.-based Beaumont Health plans to open two outpatient care campuses in Michigan's Macomb and Wayne counties, The Detroit News reports.
The Sacramento-based Vascular Institute of Northern California owners signed a five-year lease for a 3,834-square-foot medical space, Sacramento Business Journal reports.