ASC Transactions & Valuation Issues

Winchester, Va.-based Valley Health broke ground on its new $6.2 million ASC Oct. 28, The Winchester Star reports.

Global asset manager Blackstone acquired TeamHealth in a multi-billion dollar transaction.

As ASCs look to boost profitability, investors may consider selling a majority or minority interest in the center.

Nobilis Health completed a new credit facility with BBVA Compass Bank, as well as closed on its deal with Arizona Vascular Clinics and its affiliated surgery centers.

Tenet Healthcare shares fell 4.21 percent on Oct. 27, according to equities.

Merritt Healthcare launched its spinoff, Merritt Healthcare Advisors.

Optim Orthopedics celebrated the grand opening of its new ASC in Savannah, Ga., according to Business in Savannah.

Foundation HealthCare sold non-controlling interest in the seven ambulatory surgery centers it owns as well as all assets of Foundation Surgery Management to Healthcrest Surgical Partners.

Georgia Ophthalmologists is opening an ASC in Covington, according to Rockdale Citizen.

Illinois Health Facilities and Services Review Board approved Chicago-based practices Rush University Medical Center and Midwest Orthopaedics at Rush's plans to build a new building, featuring a surgery center, in Oak Brook, according to Daily Herald.