ASC Transactions & Valuation Issues

Orlando Healthcare is undertaking a big project by building a new $42 million complex in Lake Mary, Fla., according to Orlando Sentinel.

Cleveland Clinic and Jupiter, Fla.-based Rendina Healthcare Real Estate partnered to construct a $32 million, 72,000-square-foot health center in Coral Springs, Fla.

Texas Health Orthopedic Surgery Center Alliance in Flower Mound filed for $490,000 in equity financing, according to a Weekly Register report.

Sen. James Lankford, R-Okla., introduced legislation in the Senate to improve access to physician-led hospitals.

Miami-based Baptist Health South Florida acquired a controlling interest in Sunset, Fla.-based Galloway Surgery Center and in Kendall (Fla.) Endoscopy Center, the South Florida Business Journal reports.

Here are five notes on ASC management companies to note:

The North Carolina Senate passed a budget proposal including an amendment to repeal the state's certificate-of-need laws, drawing criticism from hospital groups, according to Daily Advance.

Abilene, Texas-based Hendrick Health System dedicated its new surgery center in Brownwood, Texas May 12, Brownwood News reports.

Here are three ASC joint ventures that occurred during the past couple months.

The Green Mountain Care Board said it has to postpone its decision about Green Mountain Surgery Center until the board appoints new members, according to Burlington Free Press.