ASC Transactions & Valuation Issues

Here are fourth quarter and 2013 year-end financial results from eight ambulatory surgery center companies.

Foundation Healthcare, previously known has Graymark Healthcare, reported $26.1 million in 2013 fourth quarter revenue, a 48 percent increase from $17.6 million in the same period in 2012, according to a NASDAQ report.

Symbion released its fourth quarter and year-end financial results for CY 2013, according to a United States Securities and Exchange Commission form.

Kaledia Health and a group of 22 physicians plan to open the 16,000-square-foot, multispecialty Southtowns Ambulatory Surgery Center in Orchard Park, N.Y., according to a Buffalo Business First report.

Shelby Baptist Ambulatory Surgery Center has filed a certificate of need requesting permission to lease space from Shelby Baptist Medical Center in Alabaster, Ala., according to an Alabama CON Report.

TD Securities analysts raised their price target of Medical Facilities Corporation shares from C$15 to C$21, according to a Ticker Report.

Austin, Texas-based private equity real estate firm Long View Equity Partners has acquired the New Braunfels, Texas, building that houses Christus Santa Rosa Physicians' Ambulatory Surgical Center, according to a San Antonio Business Journal report.

Medical Facilities Corporation announced a cash pay dividend of Cdn$0.09375 per Common Share, which will be payable on April 15.

Wolfe Eye Clinic and Heartland Eye Care in Ottumwa, Iowa, have merged, according to a Daily Iowegian report.  

Ambulatory surgery center physicians often own the ASC's business and real estate. "Over the last year the stars have aligned so that owners of ASC/medical office building real estate can now sell at a very attractive price, get cash for…