ASC Transactions & Valuation Issues

SurgCenter Development and the Orthopaedic Associates of Zanesville (Ohio) have broken ground on a new, $1.1 million surgery center, according to a Times Recorder report.  

A lot has been said about physician-owned hospitals, despite the positive clinical outcomes and results coming from these institutions. Opponents complain POHs take the “best patients” — the healthiest patients with private insurance — and cherry-pick cases where complication risk…

Mizuho Securities analysts downgraded Tenet shares 15 percent, according to InvesterGuide.com.

Surgical Care Affiliates shares traded up 0.97 percent on Oct. 21, according to Dakota Financial News.

Advocate Condell Ambulatory Surgery Center in Libertyville, Ill., has filed form D for $3.23 million in equity financing, according to an OCTA Finance report.

MetroHealth is partnering with Big Creek Surgery Center to expand its presence in Middleburg Heights, Ohio, according to a Crain's Cleveland Business report.

Healthcare transactions are on the rise as incentives to lower healthcare costs and a growing aging population make ambulatory surgery centers increasingly attractive to all types of buyers.

Zacks analysts gave Tenet a "hold" rating for the short term, according to American Trade Journal.

AmSurg offered TeamHealth $7.8 billion to acquire the company, but TeamHealth rejected the offer, according to a Knoxville News Sentinel report.

AmSurg has announced its preliminary financial results for the third quarter of 2015.