ASC Transactions & Valuation Issues

Providence Little Company of Mary and City of Hope are constructing a new ambulatory care center in Torrance, Calif., according to Daily Breeze.

The Athens (Ala.) Planning Commission approved preliminary plans for the Athens-Limestone Hospital to construct a surgery center, DecaturDaily.com reports.

The Tennessee Health Services and Development Agency, which regulates the state's certificate-of-need program, will review the applications of two surgery centers, according to Lexology.

Here are five notes on ASC companies from the past week.

Dallas-based Texas Scottish Rite Hospital for Children broke ground on its new ambulatory care center in Frisco, Texas, the Frisco Enterprise reports.

The new $27 million Sutter Roseville (Calif.) Cancer Center opened last Tuesday, the Press Tribune reports.

Deltec Asset Management bolstered its stake in Tenet Healthcare, according to Trade Calls.

Steadman Hawkins Clinic-Denver is joining Aurora-Colo.-based UCHealth and the University of Colorado School of Medicine to offer sports medicine and orthopedic services to residents throughout the Rocky Mountains.

On Nov. 15, Medical Facilities Corp. shareholders can receive a cash dividend payment of Cdn$0.09375 per common share at business close on Oct. 31, according to Stockhouse.

After being listed for sale Oct. 17, the Outpatient Surgery Center of Hilton Head sold for $8 million, Palmetto Business Daily reports.