ASC Transactions & Valuation Issues

Great Neck, N.Y.-based Northwell Health is buying a 20 percent stake in Harrison, N.Y.-based Surgical Specialty Center of Westchester, according to Westfair Communications.

Here are eight orthopedic-driven surgery centers that have opened or made news in January and February 2017.

Sheridan (Wyo.) Memorial Hospital and Sheridan (Wyo.) Surgical Center signed a business and real estate purchasing agreement that will give the hospital's orthopedic patients access to the surgery center, according to the Sheridan Press.

Roanoke, Va.-based Vistar Eye Center acquired Rocky Mount, Va.-based Saxon Angle and Associates, The Roanoke Times reports.

Dallas-based Tenet Healthcare shares have dropped over the last several weeks, according to Highland Mirror.

On the heels of Deerfield, Ill.-based Surgical Care Affiliates announcing its merger with Optum, a part of UnitedHealth Group, UnitedHealth Group began an exchange offer to acquire all SCA outstanding shares.

Surgical Care Affiliates partnered with 19 surgery centers last year.

Cleburne-based Texas Health Surgery Center commemorated its 10-year anniversary with a reopening and open house, the Cleburne Times-Review reports.

Nearly three years ago, North Charleston, S.C.-based Palmetto Primary Care Physicians, an outpatient physicians group, filed plans to open a $22.8 million facility featuring an ASC. However, those plans failed to come to fruition, the Post and Courier reports.

Here are five updates on ASC management companies from the past week.