In the third quarter of 2016, healthcare sector transactions were down year-over-year, but the value was up 23.8 percent, according to a PwC Deals report.
ASC Transactions & Valuation Issues
Nashville, Tenn.-based Surgery Partners shares fell 5.01 percent on Nov. 24, according to equities.com.
Here are five updates on ASC management companies to note.
The New York State Public Health and Health Planning Council gave New York City-based Manhattan Endoscopy Center approval for its permanent licensure.
Mercy Health-Fairfield (Ohio) Hospital has undertaken a surgical renovation project totaling $14 million, including work on its ASC, according to Journal-News.
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Throughout the past decade, the Federal Trade Commission has used its antitrust power to stop potential hospital mergers, and it's been winning the war on monopolies, Mondaq reports on an article printed in The Legal Intelligencer.
The FTC announced a settlement to the challenge of St. Cloud, Minn.-based CentraCare Health's acquisition of St. Cloud Medical Group, a 40-physician practice, according to a Law 360 report.
Here are seven updates on ASC management companies to note.
Analysts gave Dallas-based Tenet Healthcare Corp. a $31.62 price target, according to Baseball News Source.
Canton-Potsdam (N.Y.) Hospital is "unlikely" to pursue its plans of building an ASC in a new medical facility following CMS' 2017 OPPS that includes site-neutral payments, according to North County Now.