ASC Transactions & Valuation Issues

The Fargo, N.D.-based Center for Pain Medicine started as a 1,600-square-foot practice in a leased space in a medical center; heavy demand followed and a new 9,000-square-foot clinic and outpatient surgery center opened Dec. 13, 2016, the Inforum reports.

Jamison, Pa.-based Physicians Endoscopy is joint venturing with ACCESS Surgery Center physicians to acquire a majority stake in the ASC in Egg Harbor Township, N.J.

Spark Investment Management lowered its stake in Deerfield, Ill.-based Surgical Care Affiliates by 55.47 percent, according to Chester Independent.

Here are five updates on ASC management companies to note.

New York-based Frontier Healthcare partnered with ASMC physician group to open a new ASC in New York City.

Laurens, S.C.-based Palmetto Bone & Joint is constructing a 20,000-square-foot medical facility with an orthopedic surgery center in Chapin, S.C., Cola Daily reports.

Surgical Care Affiliates entered into a partnership with The Surgery Center at Doral (Fla.).

Here are five hospitals and health systems that have announced plans for ASCs.

Envision Healthcare/AmSurg executives rang the opening bell at the New York Stock Exchange on Dec. 8, 2016.

Here are the new outpatient surgery centers and ASCs opened or announced over the past year.