ASC Transactions & Valuation Issues

Nashville, Tenn.-based Surgery Partners is opening a surgery center in Beverly Hills, Calif., according to Rebusiness Online.

The Illinois Health Facilities and Services Review Board gave board approval for Urbana, Ill.-based Carle, a health system, to relocate its surgery center within Champaign, Ill., according to WAND 17.

The Illinois Health Facilities and Services Review Board gave Elgin, Ill.-based Advocate Sherman Hospital the green light to build its ASC in Elgin, according to the Daily Herald.

Independent physicians in Vermont have been pushing forward a proposal to build a freestanding ASC in Colchester, with payer Schenectady, N.Y.-based MVP Health Care sending a letter expressing its support to the Green Mountain Care Board, according to VT Digger.

During the third quarter of fiscal year 2016, New York State Common Retirement Fund increased its stake in Nashville, Tenn.-based AmSurg by 7.9 percent, according to Daily Quint.

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

Nine analysts gave Nashville, Tenn.-based Surgery Partners a "buy" rating, according to The Cerbat Gem.

OrthoSports Athens (Ala.) and Athens-Limestone Hospital started construction on a new facility featuring an ASC and medical office building, according to AL.com.

Cincinnati-based Christ Hospital's plans to build a new ASC in Fort Mitchell, Ky., may take years to come to fruition if Edgewood, Ky.-based St. Elizabeth Healthcare is successful in impeding their plans, according to the Cincinnati Business Courier.

Developers submitted plans to build an ASC to the Auburn (N.H.) Planning Board, according to the New Hampshire Union Leader.