ASC Transactions & Valuation Issues

The healthcare industry is increasingly filled with different partnerships and an uptick in joint ventures in the ASC landscape.

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

The South Carolina health department denied Charleston-based Medical University of South Carolina's certificate-of-need application to build a freestanding ASC, according to The Post and Courier.

Stonerise Capital Management lowered its stake in Nashville, Tenn.-based AmSurg by 50 percent in the third quarter, the Daily Quint reports.

Here are five hospitals and health systems that have opened or announced plans for ASCs.

New York City-based Hospital for Specialty Surgery and Stamford (Conn.) Health are partnering to expand orthopedic services throughout Connecticut, according to Crain's New York Business.

Eight research firms issued Deerfield, Ill.-based Surgical Care Affiliates a "hold" rating, according to the Daily Quint.

New York City-based BelHealth Investment Partners, a healthcare-centered private equity firm, purchased Traverse City, Mich.-based American HealthCare Staffing Association, according to Staffing Industry Analysts.

Webster, Texas-based Bay Area Regional Medical Center is developing an ASC on medical real estate development company Houston-based Medistar's Gemini Medical Campus in Houston.

A new, multi-specialty ambulatory surgical center (ASC) opens its doors to patients this week, bringing state-of-the-art outpatient capabilities to the greater Mt. Pleasant area.