ASC Transactions & Valuation Issues

Rutland (Vt.) Regional Medical Center President and CEO Tom Huebner penned an article in the VT Digger illustrating how The Green Mountain Care Board approving a new ASC in Colchester, Va., would impact community hospitals throughout Vermont.

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.