ASC Transactions & Valuation Issues

RBC Capital Markets lowered Toronto-based Medical Facilities Corp.'s price target to $20, according to Norman Observer.

Georgia-based Resurgens Orthopaedics is strengthening its outpatient presence and opening a new surgery center in Fayetteville, Ga., in summer 2017, according to The Citizen.

Warren, Ohio-based Mercy Health hosted a grand opening for its new $14.5 million facility in Warren, according to Tribune Chronicle.

Here are three recent ASC acquisitions and partnerships that occurred in March 2017.

Weston-based Cleveland Clinic Florida broke ground on Family Health and Ambulatory Surgery Center, in Coral Springs, Fla., according to Sun Sentinel.

Here are six updates on ASC management companies for healthcare leaders to note:

Evesham, N.J.-based Virtua, a nonprofit health system, is seeking New Jersey State Health Planning Board approval to relocate Mount Holly, N.J.-based Virtua Memorial Hospital to a new campus equipped with an ASC in Mount Holly, according to Burlington County Times.

Pismo Beach, Calif.-based SurgCenter Development is aiming to increase its ASC presence with a new surgery center in Zeeland, Mich., according to MiBiz.

Here are 11 ASCs that were announced or opened in the past month.

Lawrence (Mass.) General Hospital is putting the finishing touches on its $56 million surgery center, slated to open April 2017, The Boston Globe reports.