ASC Transactions & Valuation Issues

Zanesville, Ohio-based Xpress Ortho Care closed unexpectedly March 7, the Times Recorder reports.

New York City-based NewYork-Presbyterian Brooklyn Methodist Hospital is in the midst of constructing a 400,000-square-foot outpatient surgery-focused ambulatory care center, The Bridge reports.

The combined network of Addison, Texas-based United Surgical Partners International and Dallas-based Tenet Healthcare includes more than 50 health systems, 4,000 physicians and 265 short-stay surgical facilities.

Here are four new joint venture ASCs announced or opened in the past couple months.

Nashville, Tenn.-based Vanderbilt University Medical Center wants to buy up to 14 acres of property for a new ASC and pediatric clinic, Daily News Journal reports.

Health systems are on an independent practice shopping spree. Between July 2015 and July 2016 the Physicians Advocacy Institute reports 5,000 independent practices were acquired by health systems.

Zacks Equity Research raised its guidance on Dallas-based Tenet Healthcare to "hold," the Ledger Gazette reports.

The Federal Trade Commission sent DaVita a letter seeking more information on its $4.9 billion sale to UnitedHealth subsidiary Optum, according to a DaVita SEC filing.

Fayetteville, N.C.-based Valleygate Dental Surgery Center, the first ASC in North Carolina focused on children's dental care, is set for a grand opening in March.

Hackensack Meridian Health Riverview Medical Center in Red Bank, N.J., opened a Digestive Care Center inside its ASC, TapInto reports.