ASC Transactions & Valuation Issues

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.

In May, Surgery Partners' shares registered a 29.8 percent decrease in short interest, according to The Cerbat Gem.

There has been a shift in a key value indicator in ASCs: Instead of focusing on case volume, appraisers are looking at cost containment.

Here are 6 key factors that come into play when looking at investments and mergers and acquisitions in the ASC sector.