ASC Transactions & Valuation Issues

Zacks analysts downgraded Surgical Care Affiliates from a "hold" rating to a "sell" rating, according to Voice Chronicle.

Reports from the AMA, the Physicians Foundation, and others suggest that the number of physicians who are now employed by a hospital or larger healthcare enterprise continues to rise.

Tenet Healthcare reported its third quarter revenue increased 12 percent, according to Market Watch.

MetroHealth's Middleburg Heights, Ohio, campus is now using Big Creek Surgery Center in Middleburg Heights to perform many of its outpatient surgery centers, according to a Cleveland.com report. 

AmSurg’s $7.6 billion takeover bid for physician outsourcing services company TeamHealth had a deadline of Tuesday at 4 p.m., but the surgery center company withdrew the offer approximately a day ahead of the deadline, according to The New York Times. 

Here are 11 new outpatient surgery centers and ambulatory surgery centers opened or announced in the past month.

In October, TeamHealth rejected AmSurg's takeover bid, but the surgery center company has come back with a new offer.

Doctors Hospital of Manteca (Calif.) plans to open an outpatient surgery center by March, according to Manteca Bulletin.

Surgical Care Affiliates launched a new website earlier this week that includes information about the company's values, mission and vision in addition to current partnerships and news.

Jeffries Group has released its third quarter 2016 earnings estimate report for ASC company Surgery Partners, according to a Dakota Financial News report.