ASC Transactions & Valuation Issues

Wilmington Surgery Center, Wilmington ASC, New Hanover Surgical Center and OWP4 and New Hanover Regional are competing for certificate of need approval from the North Carolina Department of Health, WilmingtonBiz reports. All organizations are based in Wilmington, N.C.

Oppenheimer issued a new reported on Envision Healthcare, predicting first quarter 2018 earnings of $0.51 per share, Stock News Times reports.

Tidelands Georgetown (Mass.) Memorial Hospital's soon-to-open surgery center will be named after the late Tom and Jean Yawkey after the Yawkey foundation donated $10 million to the hospital, South Strand News reports.

ECRI Institute released the 2018 Top 10 Hospital C-Suite Watch List trends, predicting that microhospitals will be a fast growing sector in the future.

The Mississippi House Medicaid Committee failed to pass a bill out of committee that would've eliminated the state's certificate of need laws for ASCs and outpatient surgery centers, the Daily Journal reports.

An oversight by the Walla Walla City Council leaves the fate of the Walla Walla General Hospital conversion project completely to the Washington State Department of Health, the Union Bulletin reports. All organizations are based in Walla Walla, Wash.

Marquette, Mich.-based Advanced Center for Orthopedics and Plastic Surgery is opening another Marquette location, WLUC reports.

Traverse City-based Northwest Michigan Surgery Center rebranded and reopened as Copper Ridge Surgery Center after multiple patients had trouble remembering the center's name, WWTV reports.

Santa Barbara, Calif.-based Cottage Children's Medical Center opened a new pediatric surgery center in Goleta, Calif., and also appointed Robert Kanard, MD, as its chief of pediatric surgery, Noozhawk reports.

The Hospital Authority of Tift County will break ground on a replacement facility for Adel, Ga.-based Cook Medical Center, which'll include an outpatient surgery center, in March, the Tifton Gazette reports.