Here are three of the biggest stories in ASC transactions and valuations from the past year:
1. Physician-owned hospital in El Paso to close, citing financial & operational challenges
El Paso (Texas) Specialty Hospital, a physician-owned facility closed at the end of 2018 for financial and operational reasons
2. Trump administration recommends Congress lift physician-owned hospital ban
The Trump administration released a lengthy document examining the healthcare industry and making recommendations for changes going forward. The document, titled "Reforming America's Healthcare System Through Choice and Competition," was created as a collaboration between the HHS, U.S. Department of Treasury and U.S. Department of Labor. It touches on several aspects of healthcare, including the insurance market, consolidation and the ACA's moratorium on physician-owned hospitals.
3. Going, going, gone: 2 surgery center properties sell for $34.4M
Havertown, Pa.-based Crozer-Keystone Medical Office and Surgery Center and Mount Kisco, N.Y.-based Caremount Medical Imaging and Surgery Center sold for $34.4 million,