ASC Transactions & Valuation Issues

HCA added just two ASCs in 2017 and plans to continue spending more on inpatient than outpatient line growth over the next year.

Medical Facilities Corp. saw its stock increase 2.3 percent Jan. 29.

Approximately 73 ASCs or outpatient surgery centers opened across the U.S. in 2017, with New York leading the way with ten facilities.

Downers Grove, Ill. -based Inland Real Estate Acquisitions purchased a 29,702-square-foot medical office building in Salt Lake City that houses Eye Institute of Utah as well as SurgiCare Center of Utah.

Here are five updates on ASC management companies to note:

In December, Sioux City, Iowa-based Pierce Street Same Day Surgery filed a lawsuit against physician owners to enforce a non-compete clause and prevent them from constructing a new center within four miles of the existing ASC; now the physicians have…

Throughout 2017 there were numerous changes in the healthcare industry, with large events such as the inauguration of a new president and significant shift in political control and Hurricanes Harvey and Irma impacting the industry.

Midlands Hospital in Papillion, Neb., is in the midst of pivoting its focus away from being a full-service hospital, and it's doing so by embracing ASCs, Live Well Nebraska reports.

Chicago-based Cancer Treatment Centers of America at Midwestern Regional Medical Center opened an outpatient care center, also in Chicago.

Wilmington Surgery Center, Wilmington ASC, New Hanover Surgical Center and OWP4 and New Hanover Regional are competing for certificate of need approval from the North Carolina Department of Health, WilmingtonBiz reports. All organizations are based in Wilmington, N.C.