ASC Transactions & Valuation Issues

The Department of Veterans affairs and nonprofit Veterans Ambulatory Center Development Corp. are teaming up to build an ambulatory care clinic within VA Nebraska-Western Iowa Health Care System in Omaha, Neb., according to Live Well Nebraska.

Mount Pleasant, S.C.-based Southeastern Spine Institute recently completed a recapitalization with Candescent Partners.

Jupiter, Fla.-based Rendina Healthcare Real Estate broke ground on the Cleveland Clinic outpatient facility in Coral Gables, Fla., on April 3, according to South Florida Business Journal.

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

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.