ASC Transactions & Valuation Issues

The Cypress Creek Medical Pavilion going up in South Florida will include an outpatient surgical center, according to a Sun Sentinel report.

Hiawatha Community Hospital is opening a new medical facility that includes a surgery center in addition to other facilities, according to a Hiawatha World report.

A new ASC will officially open in Erie, Pa., in November, according to a Your Erie report.

Hospitals aren't the only players anymore in an increasingly competitive acquisition landscape. Independent physician groups, private equity firms and other financially-backed organizations are giving hospitals a run for their money. Hospitals need to start thinking strategically to remain competitive.

AmSurg shares fell 11.51 percent during the week of Oct. 19 to Oct. 23, according to OTC Outlook.

UnityPoint Health began construction on a medical park in Ankeny, Iowa, that will include an outpatient surgery center, according to a Business Record report.

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.