ASC Transactions & Valuation Issues

Missoula, Mont. residents Ryan Peterson and Clay Holley are seeking a special use permit to build an ophthalmology clinic and ASC in Butte, Mont., according to Montana Standard. Here are three insights:

HHS Secretary Alex Azar testified in front of the House Ways and Means Committee about the effects of the Bipartisan Budget Act on healthcare.

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

MedEquities Realty Trust will pay a quarterly dividend of $0.21 per share to shareholders of record Feb. 19, The Lincolnian reports.

Laconia, N.H.-based LRGHealthcare will close several locations and end certain medical services after facing long-term financial difficulties, according to the Laconia Daily Sun. Here are six insights:

The North Carolina Department of Health and Human Services conditionally approved UNC Orthopedics at Goldsboro's (N.C.) certificate of need application to open a diagnostic center inside the group's existing practice.

Here are six updates on ASC management companies to note:

There were around 15 new orthopedic-driven ASCs and six GI centers that opened or were announced in 2017; however, most centers were multispecialty.

Mayo Clinic Health System-Northwest Wisconsin Region submitted a proposal to the Hudson, Wis., planning commission for an approximately 100,000-square-foot medical facility, according to The Post Bulletin. The proposed facility would function as a clinic and outpatient surgery center.

Renton, Wash.-based Providence Health & Services will begin construction on a new ASC at its St. Vincent Medical Center campus in April. This will be Providence's fifth outpatient surgery center in the Portland, Ore., area, according to Portland Business Journal.