Clifton Park, N.Y.-based Ellis Medicine received state approval for its $13.64 million, 40,000-square-foot surgical center that was announced in September 2017. The surgery center will be a joint venture between Ellis and its physician group. Ellis will maintain a majority of the control.
Three Albany, N.Y.-based provider groups broke ground on an ASC and medical office building in Colonie, N.Y. The development is a joint venture between Albany ENT & Allergy Services, Ortho NY and St. Peter’s Hospital.
More articles on transactions and valuation:
22 new ASCs and outpatient centers opened or announced in June 2018
11 hospitals, health systems opening or planning ASCs
8 hospitals, health systems opening or planning ASCs
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.