ASC Transactions & Valuation Issues

Here are six updates on ASC management companies:

Blue Cross Blue Shield of Vermont, the state's largest insurance company, supported Green Mountain Surgery Center, which has been in a lengthy certificate-of-need battle with the local hospital association, according to U.S. News & World Report.

St. Louis-based McGrath & Associates finished updating St. Louis Heart and Vascular, which features an ASC and medical offices, according to St. Louis Business Journal.

Phoenix-based Banner Health is losing millions of dollars in Tucson, Ariz. However, company officials say the health system plans to offset the losses through a series of projects in the area, according to tuscon.com.

Ambulatory Care Center for Excellence in Surgical Services in Danville, Ill., will close at the end of the month, according to a report from The News-Gazette.

Here are two new ASCs and facilities offering GI services.

Pismo Beach, Calif.-based SurgCenter Development teamed up with Miami Surgical Suites to open its 13th operational center in Florida.

The Green Mountain Care (Vt.) Board set a hearing date regarding an application that independent physicians filed two years ago to build an ASC in Colchester, Vt., according to VtDigger.

Florida Senate ruled in favor of House Bill 145, which permits overnight stays at ASCs, according to Flagerlive.com.

Avera Sacred Heart Hospital acquired Lewis & Clark Specialty Hospital, both in Yankton, S.D., according to a Yankton Daily Press & Dakotan.