ASC Transactions & Valuation Issues

Here is how four major, publicly traded ASC chains fared in the stock market for the week of July 10 to July 14.

Baton Rouge, La.-based Champion Medical Center is closing its Baton Rouge-based Howell Place surgical center, The Advocate reports.

Portland-based The Oregon Clinic announced plans to open a two-story, 17,000-square-foot ASC in Newberg, Ore., specializing in gastroenterology, Pamplin Media reports.

Cawley Architects completed the 9,130-square-foot Spectra Eye Institute in Phoenix, AZ Big Media reports.

Colliers International arranged the sale of two ASCs in Houston, according to Rebusiness Online.

Salem, Va.-based Roanoke Valley Center for Sight aspires to build an ophthalmic ASC in Martinsville, Va., according to The Roanoke Times.

David Hohl, chief administrative officer of Hibbing, Minn.-based Fairview Range and CEO of Virginia, Minn.-based Northwoods Surgery Center, spoke with Becker's ASC Review about the changing climate between ASCs and hospitals and why partnerships are gaining traction in the industry.

Charlottesville, Va.-based UVA Health System is opening its 23,000-square-foot Endoscopy Center in Charlottesville, CBS19 reports.

Grand Forks, N.D.-based Valley Bone and Joint and North Dakota Eye Clinic are building a new surgery center in Grand Forks, the Grand Forks Herald reports.

Nashville, Tenn.-based Saint Thomas Health submitted a certificate-of-need to invest in a new ASC in Murfreesboro, Tenn., according to Daily News Journal.