ASC Transactions & Valuation Issues

Fairfax, Va.-based George Mason University found repealing North Carolina's certificate-of-need law would generate savings and boost quality for residents.

Medical Facilities Corp. shares fell 8.12 percent Oct. 16, according to equities.com.

Here are five updates on ASC management companies:

Charleston-based Medical University of South Carolina is transforming a former J.C. Penney building into an outpatient clinic, according to Post and Courier.

Allegany Associates, the owners of Johnson City, N.Y.-based Southern Tier Surgery Center filed plans with the New York Department of Health to build an ASC in Olean, N.Y., Buffalo Business First reports.

Here is how four major, publicly traded ASC chains fared in the stock market for the week of Oct. 9 to Oct. 13.

The Georgia Supreme Court ruled against Cartersville, Ga.-based The Georgia Advanced Surgery Center for Women owners and opted to uphold the state's certificate-of-need legislation, according to Atlanta Business Chronicle.

Bank of America reduced its price target on Envision healthcare from $72 to $60 earlier this week, according to Dispatch Tribunal.

Carle and Christie Clinic physicians broke ground on a new joint venture surgery center in Champaign, Ill., willradio.tv.online reports. Both organizations are also based in Champaign.

New Jersey State Department of Health is considering an application an ASC owner filed to purchase Secaucus, N.J.-based Meadowlands Hospital and Medical Center, according to NJ Spotlight.