ASC Transactions & Valuation Issues

A bill introduced by Assemblyman John J. Burzichelli and Assemblywoman Pamela R. Lampitt would reduce the ambulatory care facility assessment in New Jersey. ASCs in New Jersey were first assessed in 2004, and currently are assessed 2.95 percent of gross…

Aria Health, based in Philadelphia, plans to build a health village in Lower Makefield, Pa., according to a Bucks County Courier Times report.

Here are five news updates on ambulatory surgery center companies.

UMass Memorial Health care proposed a project to build a new facility in a vacant lot in Shrewsbury, Mass.

Seventeen ratings firms have given shares of Tenet Healthcare an average 12-month price target of $60.52, according to a Sleek Money report.

Huntington medical group, based in Long Island, was recently acquired by NYU Langone Medical Center.

Waterfront Surgery Center in Homestead, Pa., published form D for about $212,160 in equity financing, reports OctaFinance.com.

Over the last decade, an increasing number of clients including owners of ASCs, have looked internationally in their wealth planning – although, overall, still a small minority.

ASC growth rates have stagnated and de novo development has flattened out. Now acquisition development is trending in the ASC space.

Foundation HealthCare has sold its 20 percent stake in Heritage Park Surgical Hospital in Sherman, Texas, for $9.3 million.