ASC Transactions & Valuation Issues

Here are five notes on ASC management companies to note:

Florida-based Axis Health Partners joint-ventured with Davie, Fla.-based ANF Group on Cypress Creek Medical Pavilion, which will include an ASC, in Fort Lauderdale, Fla., according to South Florida Business Journal.

Pismo Beach, Calif.-based SurgCenter Development opened Grand Rapids (Mich.) Surgical Suites, marking the management's company 100th operational center.

Nobilis Healthcare reported a 13.2 percent increase in fourth quarter revenue and 24.7 percent increase in full year 2016 revenue.

Fairbanks (Alaska) Memorial Hospital celebrated its surgery center's opening with a ribbon cutting on March 9, 2017, 11 NBC reports.

Surgery Partners reported a huge revenue increase in 2016, the first full year since the company's IPO.

Tifton, Ga.-based Tift Regional Health System began work on its $22 million musculoskeletal center, the Tifton Gazette reports.

Chicago-based Rush University Medical Center pulled demolition permits for three blocks of land to make way for an outpatient care center, the Chicago Sun Times reports.

Charlotte, N.C.-based Novant Health and Winston Salem, N.C.-based Wake Forest Baptist Medical each filed CON applications for new facilities at their Clemmons and Davis campuses, respectively, Journal West reports.

Lafayette, Ind.-based Unity Healthcare repurchased ownership of the Unity Surgical Center in Lafayette, Ind., from Indianapolis-based Franciscan Health, according to The Paper.