ASC Transactions & Valuation Issues

UMass Memorial Health Care, the largest health system in Massachusetts, has plans to lower costs for consumers through its new ASC in Shrewsbury, according to Worcester Business Journal.

In February 2012, New Lenox, Ill.-based Silver Cross Hospital opened its doors and the hospital has since expanded to multiple locations throughout the region.

The fourth quarter had a slews of ups and downs for the following healthcare companies that own and operate surgery centers spanning the nation.

Cincinnati-based Mercy Health set its sights on a new medical facility in Perrysburg, Ohio, according to Sentinel-Tribune.

Here are four updates on ASC management companies for leaders to note:

Findlay-based Northwest Ohio Orthopedics & Sports Medicine received approval for a 13,332-square-foot surgery center, The Courier reports.

The Tilden (Wis.) Ambulatory Surgery Center is opening a new medical facility.

New York City-based Lenox Health Greenwich Village announced plans to open an ASC in the National Maritime Union Building in New York City, The Village reports.

Testimony before the Green Mountain Care Board wrapped up in regards to the proposed Colchester, Va.-based Green Mountain Surgery Center on April 19, the VTDigger and Burlington Free Press report.

Mednax reported preliminary financial and operating results for the first quarter of 2017.