ASC Transactions & Valuation Issues

Today's outmigration of care is a change unlike any the healthcare industry has seen before, according to an Advisory Board report.

Here are five ASC acquisitions and partnerships announced in March 2019:

Wheeling (W.Va.) Hospital will close Bellaire, Ohio-based Belmont Hospital April 5, The Intelligencer reports.

A Bossier City (La.) developer is building a $35-million medical and commercial development on a 13.7-acre lot in Bossier City, the Bossier Press-Tribune reports.

Portland-based Maine Medical Center is seeking approval from the Scarborough (Maine) Planning Board to build a surgical center on Campus Drive, The Forecaster reports.

With the U.S. ambulatory surgery market expected to reach $93 billion in 2024, hospitals and health systems are forced to strategically confront price cuts and new competition, according to an Advisory Board report.

The Urbana, Ill.-based Carle health system moved its oral surgery unit to a new outpatient clinic, according to the News Gazette.

Tampa-based BioSpine Institute plans to open a new surgery center in Orlando.

Bellingham (Wash.) Bay Ophthalmology is moving to a new office roughly three miles from its current one, according to The Bellingham Business Journal.

The final phase of construction on Mercy Health-Perrysburg (Ohio) Hospital is nearing completion, according to ConstructionEquipmentGuide.com.