Here are five updates on ASC companies from the past week.
ASC Transactions & Valuation Issues
As reimbursement practices continue to tighten, joint venture ASCs have become commonplace in the industry with physicians and hospitals partnering to reap the benefits.
An H.I.G. affiliate acquired Southeastern Eye Center and Barnet Dulaney Perkins, both eye centers based in the Phoenix area.
HCA anticipates first quarter revenue will hit $10.6 billion, up slightly from the same period last year.
Nashville, Tenn.-based Montecito Medical Real Estate bought a 100 percent stake in a medical office building in Sun City, Ariz.
St. Louis-based architecture firm HOK teamed up with Omaha-based RDG Planning & Design on the Lauritzen Outpatient Center, according to RE Journals.
Royal Bank of Canada reduced Medical Facilities Corp.'s rating from a "sector outperform" to a "sector perform" rating, according to Chaffey Breeze.
Florida-based Lee Health received board approval to build its new $140 million outpatient medical campus in Estero, Fla.
Two years after independent physicians filed a proposal to build Green Mountain Surgical Center in Colchester, Va., state regulators heard from both sides for and against the ASC, during a Green Mountain Care Board Member board meeting, according to VT…
New Jersey State Health Planning Board voted to approve Evesham Township, N.J.-based Virtua's plans for a medical campus and hospital in Holly, N.J., according to Burlington County Times.
