ASC Transactions & Valuation Issues

Conway (S.C.) Ophthalmology Associates' Charles Proctor, MD, is constructing a new surgery center and office building across the street from his practice, Horry News reports.

Buffalo Business First reports Buffalo, N.Y.-based WNY Medical Management's multispecialty ASC project in Amherst, N.Y., will likely be approved.

Alfonso del Granado, administrator of Hoffman Estates, Ill.-based Ashton Center for Day Surgery, sees the erosion of independent practitioners as the biggest issue for his center today. However, he's taking steps to find new and innovative ways to attract patients…

Duluth, Minn.-based Essentia Health is spending $800 million through its new Vision Northland project, which will transform its downtown presence, Hometown Focus reports.

The Lexington Medical Center Foundation began a $3 million fundraising initiative to build a surgical center at Wake Forest Baptist Health-Lexington (S.C.) Medical Center, The Dispatch reports.

Los Angeles-based Keck Medicine of USC is opening a 33,000-square-foot ambulatory clinic in Arcadia, Calif.

Fifty-eight percent of recent and planned medical construction projects are in the outpatient arena, according to Colliers International Senior Vice President Beth Young.

Marietta, Ga.-based WellStar Health will break ground on a new outpatient facility near Alpharetta, Ga., MDJ reports.

The Surgery Center at Shrewsbury (Mass.) opened May 24, becoming the first new center in Massachusetts since the state lifted a moratorium preventing new centers in 2017, Mass Live reports.

More than 12,000 square feet of space was added to Goochland, Va.-based Medarva West Creek Surgery Center, the Richmond Times-Dispatch reports.