ASC Transactions & Valuation Issues

Royal Oak, Mich.-based Beaumont Health is building an outpatient surgery center across from its main campus, according to a Beaumont representative who confirmed a Crain's Detroit Business report.

Milford (Mass.) Regional Medical Center opened an outpatient center in Franklin, Mass., the Worcester Business Journal reports.

Jill Thrasher, administrator of Frisco, Texas-based Baylor Scott & White Sports Surgery Center at the Star, discusses the key concepts for developing a great joint venture relationship between physicians and hospital administrators.

Acute hospital transactions were down in the first quarter of 2019, according to a report from Ponder.

New York City-based Mount Sinai Ambulatory Ventures and Ridgefield, Conn.-based Merritt Healthcare applied for a certificate of need to build a $10.2 million, gastroenterology-focused ASC, according to the submitted application.

Here are four joint venture ASCs opened or announced in March:

Hamilton, Mont.-based Marcus Daly Memorial Hospital is offering the public a peak behind the curtain of its new surgery center, the Bitterroot Star reports.

Mercy Health-Cincinnati will soon open a medical office building housing Cincinnati Eye Institute's new surgical center, the Cincinnati Business Courier reports.

Jeffrey Flynn, administrator and COO of Gramercy Surgery Center in New York City, examines how ASCs can develop successful joint venture partnerships with hospitals and other organizations.

Michael Patterson, president and CEO of Mississippi Valley Health in Davenport, Iowa, discusses the key aspects of a successful ASC joint venture.