ASC Transactions & Valuation Issues

Case volume growth is essential to success in the ambulatory surgery center, but mounting pressure in the market can affect a center's ability to bring in more cases. Here are the top four issues that ASC companies feel threaten case…

Maine-based OA Centers for Orthopaedics merged operations with Spectrum Medical Group.

Barrington (Ill.) Pain and Spine Institute's certificate of need to include spine surgery in its offerings was approved by the Illinois Health Facilities and Services Review Board, according to a Chicago Tribune report.

The South Carolina Supreme Court recently ruled, despite lack of funding, the state's certificate of need program remains in place. What will happen to the program now?

Medical Facilities Corporation has announced a cash dividend of $0.09375 Canadian per share, payable May 15.

Veterans Affairs has begun clearing land designated for a new veterans clinic, the Eugene (Ore.) Health Care Center, a 100,000-square-foot facility which will offer a full range of services, including ambulatory surgery, according to a report from the Register-Guard.

The Pain Management Center of Long Island (N.Y.) has announced it will open a new location in Port Jefferson, N.Y., on Mon., April 28.

The following are ambulatory surgery centers with openings, expansions and proposals announced in the past month, by region. Announcements for each region are listed newest to oldest.

Physicians United, a group headed by Michael Bollinger, MD, an orthopedic surgeon at Sebastopol, Calif.-based Palm Drive Hospital, has put forth a proposal for continuing operations at Palm Drive Hospital, which is to close April 28, according to a report…

Southington-based Hospital of Central Connecticut is awaiting state approval to open an orthopedics-focused ambulatory surgery center at its Bradley Memorial campus according to a report from My Record Journal.