ASC Transactions & Valuation Issues

Here are four updates on ASC management companies from the past week.

A Kentucky administrative law judge approved Cincinnati-based The Christ Hospital's certificate-of-need application to build an ASC in Fort Mitchell, Ky., according to Northern Kentucky Tribune.

The Surgery Center of Kenai (Alaska) plans to expand through a second operating room, according to Peninsula Clarion.

New Orleans-based Ochsner Health System is undergoing major expansion plans in Baton Rouge, La., including adding a surgery center and a 10-bed micro-hospital, according to The Advocate.

Here are six hospitals and health systems that have opened or announced plans for ASCs from the beginning to the end of May.

Excela Health in Greensburg, Ga., is opening a new outpatient care center next January at Excela Square at Latrobe, according to a Trib Live report.

Philadelphia-based Rothman Institute added another investor to own a portion of Bryn Mawr, Pa.-based Physicians Care Surgical Hospital, with future plans including a surgery center, according to The Times Heart News.

Planners broke ground on Cambridge (Md.) Marketplace June 6, according to Dorchester Star.

St. Paul, Minn.-based HealthEast and Minnesota-based Summit Orthopedics formed a deal that gives HealthEast a minority interest in Summit's Vadnais Heights (Minn.) Surgery Center.

CMS administrator Seema Verma sent a letter to Philadelphia-based Wills Eye Hospital saying the agency is reviewing their hospital surveyor guidance to assess whether Wills Eye should have a hospital or ASC designation, according to philly.com.