ASC Transactions & Valuation Issues

Three physicians affiliated with an AmSurg-partnered center argued in a federal antitrust lawsuit the ASC company has a monopoly over outpatient surgery centers and their non-compete agreement was overly restrictive and unenforceable, according to a report from The Bulletin.

Biloxi, Miss.-based Bienville Orthopedic Specialists Medical Park at East Lake, a new medical complex, opened, according to WDAM 7.

Headquartered in Great Neck, N.Y., Northwell Health acquired a majority stake in Melville (N.Y.) Surgery Center, according to libn.com.

Hospital Corporation of America shares increased 2.08 percent last week, according to Founders Daily.

VA Black Hills Health Care System opened the $8.9 million Fort Meade (S.D.) Surgical Center, according to a KOTA News report.

Two Spartanburg (S.C.) practices Upstate Spine & Neurosurgery Center and Orthopaedic Associates are opening a physician-owned ambulatory surgery center, according to GoUpstate.com.

Medical Facilities Corp. had a cash dividend payment of Cdn$0.09375 per common share this month, according to Edmonton Journal.

Beloit (Wis.) Health System made a $15.27 million investment in an ambulatory surgery center at its NorthPointe Health and Wellness Campus in Roscoe, Ill., according to Beloit Daily News.

Greater Fairbanks (Ark.) Community Hospital Foundation is aiming to raise $1.2 million to replace its surgery center, according to KTUU 2.

Redlands (Calif.) Community Hospital is planning a new ambulatory surgery center, according to Redlands Daily Facts.