8 hospitals, health systems opening or planning ASCs

Here are eight hospitals and health systems that opened or announced plans for ASCs in March.

1. Stuart, Fla.-based Martin Health System, Compass Surgical Partners and a group of physician investors will open the Stuart Surgery Center in early 2018.

2. Cincinnati-based Mercy Health began construction on the three-story Eastgate Medical Center, which will feature an ASC, in the eastern part of the city.

3. Bakersfield, Calif.-based Rio Bravo Medical Center is developing four medical buildings to add to its campus. The campus currently has a 65,000-square-foot cancer and imaging center with an attached surgery center. By the end of 2019, the cancer and surgery center will double in size.

4. Milwaukee-based Froedtert Hospital & the Medical College of Wisconsin opened a health center in Oak Creek, Wis. At 109,000 square feet, the Drexel Town Square Health Center contains an outpatient surgery center, cancer center, pharmacy and lab services.

5. Portland-based Maine Medical Center won board approval to launch an expansion project in early May. The five-year expansion plan includes a new surgery center and an employee parking garage.

6. Nashville, Tenn.-based Saint Thomas Health purchased three acres of land in Murfreesboro, Tenn., to construct a 13,000-square-foot surgery center with two operating rooms and one procedure room.

7. Nashville, Tenn.-based Vanderbilt University Medical Center proposed the purchase of up to 14 acres of property for a new ASC and pediatric clinic. The Murfreesboro City Council voted to approve the property sale.

8. Opelika-based East Alabama Medical Center plans to open a freestanding emergency department with an ASC in Auburn, Ala. The ASC will have four operating and procedure rooms.

More articles on transactions/valuation:
Edmonds Orthopedic Center opening total joint-focused surgery center — 4 insights
10 things to know about NueHealth
One Vision Eye Partners of Annapolis acquires Maryland Vision Institute — 4 insights

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