ASC Transactions & Valuation Issues

After two years waiting for The Green Mountain Care Board's decision, a group of independent physicians received board approval to build a surgery center in Colchester, Vt., according to Burlington Free Press.

Here are six updates on ASC management companies from the past two weeks.

Atlanta Orthopaedic Institute Surgery Center partnered with Practice Partners in Healthcare, a surgical services provider, to develop and manage an ASC.

Gerry Silverstein, a Vermont resident and educator with an interest in health, penned an article in VT Digger citing recent literature showing how independent practices and competition strengthen the healthcare system.

American songwriter and artist Madonna opened a surgery center in Queen Elizabeth Central Hospital in Blantyre, Malawi, according to Yahoo News.

Capitalization rates for real estate are falling as more practices are looking to invest in surgery centers, urgent care centers and other outpatient medical facilities, according to National Real Estate Investor.

An unspecified buyer purchased Riverview, Fla.-based Bay Area Physicians Surgery Center for $7.2 million, The Real Deal reports.

New York City-based Hospital for Special Surgery believes its 50,000-square-foot center will be complete this fall, Westfair Online reports.

Hays (Kan.) Medical Center bought Centennial, Colo.-based Centura Health's shares in the Great Bend, Kan.-based St. Rose Health Center, Hutch News reports.

Here is how four major, publicly traded ASC chains fared in the stock market for the week of July 3 to July 7.