ASC Transactions & Valuation Issues

The 7,086-square-foot Genoa City, Wis.-based Geneva Surgical Suites opened on July 24.

Medical Facilities Corp. posted revenues of $96.1 million for the second quarter of fiscal year 2017.

Tenet Healthcare accrued substantial net losses from continuing operations in the second quarter this year.

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

Surgery Partners CEO Michael Doyle said the company, like other healthcare management companies, had slower than usual utilization and an adverse payer mix, which affected its second quarter 2017 financial results.

Dayton (Ohio) Children's opened an outpatient surgery center in Springboro, Ohio.

Columbia, Md.-based MedStar Health opened an orthopedic "super center" with an ASC in Timonium, Md., on Aug. 8.

Envision Healthcare's second quarter 2017 financial results met the company's expectations, according to Envision President and CEO Christopher Holden.

Duluth, Minn.-based Essentia Health held a groundbreaking ceremony to expand its clinic in Grand Rapids, Minn., according to Business North.

York, Pa.-based WellSpan Health has plans to build an outpatient center in Penn Township, Pa., according to abc 67.