ASC Transactions & Valuation Issues

York, Pa.-based WellSpan Health initiated construction on its 80,000-square-foot health center in Penn Township, Pa., Nov. 14, Fox 43 reports.

The Mayor of Nashville, Tenn., submitted a proposal to close inpatient services for Nashville (Tenn.) General Hospital, the only safety net hospital in Nashville, and reopen the facility as an ASC, according to the Tennessean.

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

Here is how four major, publicly traded ASC chains fared in the stock market for the week of Nov. 6 to Nov. 10.

Tri-State Specialists will break ground on its $37 million Riverview Surgical Center in late November, the Sioux City Journal reports. Both organizations are based in South Sioux City, Neb.

Hartford, Conn.-based Saint Francis Hospital and Medical Center plans to open an orthopedic surgery center in Hartford, according to Hartford Courant.

Shenandoah (Iowa) Medical Center is putting the finishing touches on its new outpatient surgery center, KMA Land reports.

The nation's largest public ASC chains had a rough third quarter, due in part to elements outside of their control. Here is one thing that Surgery Partners, AmSurg, United Surgical Partners International and HCA had in common:

AnMed Health closed its Physicians Surgery Center permanently after it laid off 94 employees, the Independent Mail reports. Both organizations are based in Anderson, S.C.

Here are 10 hospitals and health systems that have opened or announced plans for ASCs in October.