Ferriday, La.-based Riverland Medical Center's board of directors voted unanimously to suspend surgery services due to "massive" departmental losses, according to the Concordia Sentinel.
ASC Transactions & Valuation Issues
PrimeMed Realty acquired a medical office housing Davenport-based Heart and Vascular Institute of Florida for $4.6 million, according to Ofer Stark, a partner of the healthcare real estate firm.
Here are 12 updates on ASC companies and industry-relevant companies to note:
Baltimore-based Johns Hopkins Medicine is celebrating the opening of Pavilion III, a 110,000-square-foot medical office building, on Sept. 28, The Baltimore Sun reports.
Schenectady, N.Y.-based Ellis Medicine abandoned plans to build an ASC on 11 acres of land in Clifton Park, N.J., but it's still planning future expansion at the property, according to The Daily Gazette.
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The Muskegon (Mich.) Surgery Center has increased its footprint by more than 50 percent through a newly opened expansion, according to the Grand Rapids Business Journal.
Lehigh Valley Health Network plans to acquire the assets of Coordinated Health, pending regulatory approval, the Pocono Record reports.
Kingsport, Tenn.-based Holston Medical Group partnered with Bristol, Tenn.-based Renaissance Surgery Center to reopen a surgery center, local NBC affiliate WCYB reports.
Auburn-based East Alabama Medical Center broke ground on a freestanding ASC and emergency department to meet the needs of Auburn's growing population, The Auburn Village reports.
The Sunderland Foundation pledged $4 million to expand Olathe (Kan.) Medical Center's surgical suites and pharmacy, The Kansas City Star reports.