Summit Orthopaedics in Woodbury, Minn., has opened a 68,000-square-foot orthopedic surgery center with 23-hour stay capability, according to a Minneapolis/St. Paul Business Journal report.
ASC Transactions & Valuation Issues
Buffalo Surgery Center in Amherst, N.Y., has filed plans with the state department of health for a $1.2 million, 35,000-square-foot facility located next to its existing building on the Excelsior Orthopaedics Campus, according to a Buffalo Business First report.
McLaren Bay Region in Bay City, Mich., plans to build a new facility to house an ambulatory surgery center and medical office staff, according to an mlive report.
Here are four recent ambulatory surgery center merger and acquisition agreements.
Health insurer Highmark plans to invest $25 million for an ambulatory surgery center in Bethel Park, Pa., according to a Pittsburgh Business Times report.
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Christopher Holden, CEO of AmSurg, has sold 3,000 shares of company stock, according to WKRB News & Analysis report. David Manning, executive vice president of AmSurg, has sold 23,500 shares of company stock, according to a Mideast Times report.
Nearly a third of ambulatory surgery center companies, 29 percent, prefer majority ownership in their centers with a hospital partner, according to VMG Health's 2011 ASC ValueDriver Survey. Here are seven things to know about ASC company ownership preference and…
Physician ownership can have a significant effect on valuation, but where does it affect valuation most? Here are five key thoughts on the impact surgeons can have on the valuation of their centers from VMG Health's Aaron Murski, partner and…
Joint ventures are an increasingly popular strategy in the hospital and ambulatory surgery center industries. Here are five hospital and ASC partnerships that have been announced over the past two months.
The number of ambulatory surgery centers in the United States grew 12 percent from 2007 to 2012, according to MedPAC data. Here are 12 statistics on the number of new and exiting centers over the course of those years.