ASC Transactions & Valuation Issues

Preferred Surgicenter opened in Orland Park, Ill.

Cleveland Clinic Florida plans to expand its Weston location and build a new clinic and an ambulatory surgery center in Coral Springs.

Sale/Lease-backs of ASCs allow the real estate owners to sell their ASC real estate, pocket the profits, and lease-back the ASC at the same rent they were paying before, with no personal lease guarantees.

Nine analyst firms have given Surgical Care Affiliates stock a consensus "hold" rating, according to The Legacy.

Tenet's Detroit Medical Center was recognized for its top performance among Medicare Pioneer ACOs and was the most successful Pioneer ACO in 2014 for its benchmark savings improvement, according to Market Watch.

In May, Hopkins County Memorial Hospital in Sulphur Springs, Texas, selected CHRISTUS Health, based in San Antonio, as its proposed partner in management and operations. Now, partnership negotiations could result in a new ASC, according to a KSST Radio report.

Here are eight ambulatory surgery center openings and announcements in August 2015.

Over the past few years, Nobilis Health has grown from a small company in the southwestern United States to listing on the New York Stock Exchange earlier this year. The company initially went public as Northstar Healthcare in 2010 in…

The ASC industry is consolidating, but a number of publicly traded companies remain active in the market.

Andrew Hayek, CEO of Surgical Care Affiliates, has sold 10,101 shares of company stock for a total transaction price of $363,029.94, according to a Dakota Financial News report.