ASC Transactions & Valuation Issues

Pismo Beach, Calif.-based SurgCenter Development teamed up with Miami Surgical Suites to open its 13th operational center in Florida.

The Green Mountain Care (Vt.) Board set a hearing date regarding an application that independent physicians filed two years ago to build an ASC in Colchester, Vt., according to VtDigger.

Florida Senate ruled in favor of House Bill 145, which permits overnight stays at ASCs, according to Flagerlive.com.

Avera Sacred Heart Hospital acquired Lewis & Clark Specialty Hospital, both in Yankton, S.D., according to a Yankton Daily Press & Dakotan. 

VIP Surgical Center will start seeing patients later this month in Conroe, Texas, according to Community Impact.

Houston-based Nobilis Health closed its acquisition of Hamilton Vein Center in Sugar Land, Texas.

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.