ASC Transactions & Valuation Issues

Here are five news updates on ambulatory surgery center companies.

UMass Memorial Health care proposed a project to build a new facility in a vacant lot in Shrewsbury, Mass.

Seventeen ratings firms have given shares of Tenet Healthcare an average 12-month price target of $60.52, according to a Sleek Money report.

Huntington medical group, based in Long Island, was recently acquired by NYU Langone Medical Center.

Waterfront Surgery Center in Homestead, Pa., published form D for about $212,160 in equity financing, reports OctaFinance.com.

Over the last decade, an increasing number of clients including owners of ASCs, have looked internationally in their wealth planning – although, overall, still a small minority.

ASC growth rates have stagnated and de novo development has flattened out. Now acquisition development is trending in the ASC space.

Foundation HealthCare has sold its 20 percent stake in Heritage Park Surgical Hospital in Sherman, Texas, for $9.3 million.

On June 24, Reid Medical Office Building will open in Greenville, Ohio, offering residents an array of specialties.

Tenet Healthcare has completed the acquisitions of United Surgical Partners International and Aspen Healthcare.