ASC Transactions & Valuation Issues

Surgical Care Affiliates' shares registered a 4.21 percent increase in short interest, according to Franklin Independent.

Endoscopy Center of Western New York, a joint venture with Physicians Endoscopy, plans to expand to provide more services to Amherst, N.Y., marking the third surgery center in the region to undergo an expansion, according to Buffalo Business First.

Northampton County Council approved a financing agreement with Easton, Pa.-based St. Luke's Hospital to build an ambulatory surgery center at its Anderson Campus in Bethlehem Township, according to WFMZ-TV.

Deerfield, Ill.-based Surgical Care Affiliates established its inaugural Physician Advisory Board, composed of six board members. The board members will offer guidance and industry expertise to enhance patient care and serve SCA's physicians.

Surgical Care Affiliates partnered with Naperville (Ill.) Surgical Centre, a joint venture between Advocate Health Care and DuPage Medical Group.

AmSurg and Envision Healthcare Holdings signed a definitive merger agreement, with the combined company having a pro forma market cap of nearly $10 billion.

The market for the sale and lease back of ambulatory surgery centers is at historically high levels. To get the maximum value out of a piece of real estate, ASC leaders should consider selling and leasing back their property.

As the net growth of ASCs has stalled, partnerships between hospitals, physicians and ASCs are becoming an increasingly popular option for all parties involved, according to Paul Eiseman, vice president of business development with Regent Surgical Health.

Tenet Healthcare bond prices increased 1.4 percent on June 14, according to LMKAT.

Here are three new joint venture ASCs announced or opened in the past couple months.