ASC Transactions & Valuation Issues

Pueblo, Colo.-based Parkview Medical Center opened a new outpatient center, according to The Pueblo Chieftain.

Asheville, N.C.-based Mission Health purchased the property of Asheville Surgery Center in 2016 from physician owners and recently sold the property to investors, according to a report from Citizen Times.

Lawrence (Kan.) Memorial Hospital is planning to open a new outpatient surgery center in northwest Lawrence, according to the Lawrence Journal-World.

Roanoke (Va.) Valley Center for Sight received a certificate of public need for a new eye surgery center in Martinsville, Va., according to the Martinsville Bulletin.

Omni Eye Services, a New MainSteam Capital company, acquired Phillips Eye Center, based in Elmwood Park, N.J.

In a recent press release, the Surgical Center for Excellence, LLLP, announced they have chosen Practice Partners in Healthcare, Inc. (PPH) to manage the state of the art multi-specialty ambulatory surgery center.

Here are six updates on ASC management companies from the past week.

Moreno Valley, Calif.-based Riverside University Health System anticipates breaking ground on a 200,000-square-foot ambulatory care campus with an outpatient surgery center, also in Moreno Valley, this spring, The Press-Enterprise reports.

Cullman (Ala.) Regional Medical Center will take over the day-to-day management of The Surgery Center of Cullman after acquiring majority ownership of the center, the Cullman Times reports.

Toronto-based Medical Facilities Corporation formed a joint venture with Leawood, Kan.-based NueHealth and acquired seven ASCs from Meridian Surgical Partners, based in Brentwood, Tenn.