ASC Transactions & Valuation Issues

Surgical Care Affiliates, based in Deerfield, Ill., formed a partnership with Surgical Center of Connecticut in Bridgeport.

Deerfield, Ill.-based Surgical Care Affiliates partnered with Norwich, Conn.-based River Valley Ambulatory Surgery Center.

Here are seven hospitals and health systems that have announced plans for ASCs.

Dallas-based Tenet Healthcare Corp. named Octavio Diaz, MD, chief medical officer.

Nashville, Tenn.-based Amsurg's New Amethyst Corp. proposed a private offering of $750 million aggregate principal amount of senior unsecured notes, which will be due in 2024.

Richmond, Va.-based Medarva Healthcare received its certificate of public need and will create a multispecialty outpatient surgery center.

LifeBridge Health in Baltimore acquired the Owings Mills, Md.-based SurgiCenter of Baltimore and the Ellicott City (Md.) Ambulatory Surgery Center, The Baltimore Sun reports.

Surgery Partners reported revenue increased and net loss decreased in the third quarter of 2016.

Andrew P. Hayek, Surgical Care Affiliates' CEO, sold 7,292 company shares, according to Community Financial News.

Here is the average ASC's balance sheet based on statistics from the VMG Health 2016 Multi-Specialty ASC Intellimarker.