ASC Transactions & Valuation Issues

Dallas-based Tenet Healthcare's stock has decreased in value by 51.19 percent so far in 2016.

Great Neck, N.Y.-based Northwell Health purchased a majority stake in Shirley, N.Y.-based Suffolk Surgery Center, marking the health system's seventh joint venture of this kind, according to Long Island Business News.

Los Angeles-based Shriners Hospitals for Children will participate in the Rose Parade on Jan. 2, 2017, as the hospital prepares for its new Shriners for Children Medical Center in Pasadena, Calif., according to Pasadena Now.

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

Royal Bank of Canada lowered Toronto, Canada-based Medical Facilities Corp. price target to $23, according to Sports Perspective.

Here are five recent updates on ASC management companies.

Eight research firms rated Nashville, Tenn.-based Surgery Partners shares a "buy," according to Community Financial News.

Deerfield, Ill.-based Surgical Care Affiliates partnered with Downers Grove, Ill.-based Midwest Center for Day Surgery and acquired Illinois-based Midwest Surgical Management Group.

Dallas-based Tenet Healthcare signed a deal with Centene as well as renewed and extended its contract with UnitedHealth Group, according to Yahoo Finance.

Pueblo, Colo.-based Parkview Medical Center is planning a multimillion-dollar expansion which includes building a surgery center, according to The Pueblo Chieftain.