ASC Transactions & Valuation Issues

Here are 33 key statistics for ASC income statements from the VMG Health Intellimarker Multi-Specialty ASC Study 2016.

Phoenix-based The CORE Institute and Banner Health expanded their partnership to open The Orthopedic & Spine Institute on the Banner – University Medical Center Phoenix campus.

Pismo Beach, Calif.-based SurgCenter Development and physician investors partnered to open an ASC in Grand Rapids, Mich., according to Mlive.

Gainesville (Ga.) Endoscopy Center's new location will start seeing patients in March 2017, according to the Gainesville Times.

Iowa Governor Terry Branstad put forth a bill that would have weakened the state's certificate of need program and eliminated licensing requirements for several professionals, but the bill will not move to full committee, according to The Gazette.

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

Toronto, Canada-based Mackenzie Financial Corp. increased its stake in Greenwood, Colo.-based Envision Healthcare Corp. by 36.4 percent in the third quarter, The Daily Quint reports.

Great Neck, N.Y.-based Northwell Health is buying a 20 percent stake in Harrison, N.Y.-based Surgical Specialty Center of Westchester, according to Westfair Communications.

Here are eight orthopedic-driven surgery centers that have opened or made news in January and February 2017.

Sheridan (Wyo.) Memorial Hospital and Sheridan (Wyo.) Surgical Center signed a business and real estate purchasing agreement that will give the hospital's orthopedic patients access to the surgery center, according to the Sheridan Press.