ASC Transactions & Valuation Issues

Iowa Governor Terry Branstad put forth a bill that would have weakened the state's certificate of need program and eliminated licensing requirements for several professionals, but the bill will not move to full committee, according to The Gazette.

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

Toronto, Canada-based Mackenzie Financial Corp. increased its stake in Greenwood, Colo.-based Envision Healthcare Corp. by 36.4 percent in the third quarter, The Daily Quint reports.

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.