ASC Transactions & Valuation Issues

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

In lieu of its scheduled spring 2017 opening, Brownwood, Texas-based Hendrick Surgery Center has begun the hiring process, according to KTXS 12.

Dallas-based Tenet Healthcare Corp. will sell newly issued senior secured second lien notes worth $750 million through a private placement, according to Yahoo! Finance.

Lansing, Mich.-based Sparrow Health System ushered reporters around its soon-to-be open $20M health center on Nov. 15, 2016, the Lansing State Journal reports.

Cleveland, Ohio-based KeyCorp raised its fiscal year 2016 earnings-per-share estimate for Nashville, Tenn.-based Surgery Partners' shares, according to The Cerbat Gem.

The New Lenox (Ill.) Village Board gave Silver Cross Hospital in New Lenox approval to build its ASC, according to The Herald News.

Peter Wilver, director of Dallas-based Tenet Healthcare Corp., bought 5,000 company shares, according to Community Financial News.

Here are six updates on ASC management companies to note.

Here are seven new joint venture ASCs announced or opened in the past few months.

Monterey (Calif.) Peninsula Surgery Centers, a network of outpatient surgery organizations, opened Minimus Institute in Monterey, according to Yahoo Finance!.