ASC Transactions & Valuation Issues

Medical Facilities Corp. completed its acquisition of seven ASCs for $46.5 million through its joint venture with Leawood, Kan.-based NueHealth.

Chattanooga, Tenn.-based Erlanger Health System and Chattanooga-based CHI Memorial Hospital are in the midst of a regulatory battle to receive approval to build their own surgery centers on opposite sides of a street in Ringgold, Ga., and for now the…

Healthcare real estate company Rendina is overseeing the construction of a medical office building in Florence, Ala., the Times Daily reports.

Chinese company Shanghai Hongxiao Science and Technology made an equity investment in miVIP and Oband, an outpatient surgery center network focused on robotically assisted minimally invasive surgeries.

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…