ASC Transactions & Valuation Issues

Cincinnati-based The Christ Hospital Health Network is awaiting certificate-of-need approval from state legislators to build its ASC in Fort Mitchell, Ky., according to Cincinatt!.com.

Nashville, Tenn.-based Surgery Partners shares increased 8.42 percent on Dec. 21, 2016, according to equities.com.

Here are four updates from the past week.

Deerfield, Ill.-based Surgical Care Affiliates CEO Andrew Hayek sold 7,284 company shares on Dec. 19, 2016, according The Cerbat Gem.

Dallas-based Tenet Healthcare's stock has decreased in value by 51.19 percent so far in 2016.

Great Neck, N.Y.-based Northwell Health purchased a majority stake in Shirley, N.Y.-based Suffolk Surgery Center, marking the health system's seventh joint venture of this kind, according to Long Island Business News.

Los Angeles-based Shriners Hospitals for Children will participate in the Rose Parade on Jan. 2, 2017, as the hospital prepares for its new Shriners for Children Medical Center in Pasadena, Calif., according to Pasadena Now.

Here are three GI-focused ASCs and facilities that recently made headlines.

Royal Bank of Canada lowered Toronto, Canada-based Medical Facilities Corp. price target to $23, according to Sports Perspective.

Here are five recent updates on ASC management companies.