Pikeville (Ky.) Medical Center agreed to buy land owned by the city of Prestonsburg, Ky., for an outpatient clinic, local news affiliate WTVQ reports.
ASC Transactions & Valuation Issues
The trial began for the now-closed Forest Park Medical Center in February, according to D Magazine.
Downers Grove, Ill.-based Advocate Health Care began demolition at Hazel Crest, Ill.-based Advocate South Suburban Hospital in late March to make space for a surgical procedure center.
Surgeon-investors shouldn't assume ASC income will cover their buy-in loan, according to Partner John Dameron of Spaugh Dameron Tenny, a financial planning firm.
University Federal Credit Union provided $7 million for the refinancing cash-out of Serene Hills Commons, a medical office building in Lakeway, Texas, according to UFCU's Chad Henson.
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Zhalunglu-MT purchased a 7,365-square-foot surgery center in League City, Texas, the Houston Chronicle reports.
Orlando Health South Lake Hospital in Clermont, Fla., broke ground on a 29,000-square-foot surgery center March 27, the South Lake Tablet reports.
Nashville, Tenn.-based HCA Healthcare plans to convert Houston-based Cypress Fairbanks Medical Center into a freestanding emergency room by April 18, according to the Houston Chronicle.
There have been several ASC openings, and a few closures, over the past 12 months.
Northeast Georgia Medical Center Braselton is building an ASC as part of a bevy of expansions, The Gainesville Times reports.