ASC Transactions & Valuation Issues

Florida Senate ruled in favor of House Bill 145, which permits overnight stays at ASCs, according to Flagerlive.com.

Avera Sacred Heart Hospital acquired Lewis & Clark Specialty Hospital, both in Yankton, S.D., according to a Yankton Daily Press & Dakotan. 

VIP Surgical Center will start seeing patients later this month in Conroe, Texas, according to Community Impact.

Houston-based Nobilis Health closed its acquisition of Hamilton Vein Center in Sugar Land, Texas.

Here are five notes on ASC management companies to note:

Florida-based Axis Health Partners joint-ventured with Davie, Fla.-based ANF Group on Cypress Creek Medical Pavilion, which will include an ASC, in Fort Lauderdale, Fla., according to South Florida Business Journal.

Pismo Beach, Calif.-based SurgCenter Development opened Grand Rapids (Mich.) Surgical Suites, marking the management's company 100th operational center.

Nobilis Healthcare reported a 13.2 percent increase in fourth quarter revenue and 24.7 percent increase in full year 2016 revenue.

Fairbanks (Alaska) Memorial Hospital celebrated its surgery center's opening with a ribbon cutting on March 9, 2017, 11 NBC reports.

Surgery Partners reported a huge revenue increase in 2016, the first full year since the company's IPO.