The state’s Public Health and Health Planning Council will hold a revote on the project April 16.
The Southtowns Ambulatory Surgery Center project would cost $2.7 million. Catholic Health argued another ASC in the area would be damaging to its business. Judge Terepka pointed out the area has a relatively low number of ASCs and one more center would not be nearly as damaging as Catholic Health suggested, according to the report.
More articles on transactions and valuation issues:
UCF College of Medicine, Florida Hospital partnership to spawn ASC
Sentara Northern Virginia Medical Center to build $40M ASC
ASC company financial report: 5 key companies – April 9, 2015
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.
