ASC Transactions & Valuation Issues

This month, Hawthorn Surgery Center, an affiliate of Surgical Care Affiliates, moved to a new ambulatory surgery center location, according to a Lake County News-Sun report.

Hennepin County Medical Center is developing a $191 million, 322,000-square-foot clinic and specialty center in Minneapolis, according to a Minneapolis/St. Paul Business Journal report.

Here are six hospitals and health systems that announced plans to build or open an ambulatory surgery center.

On Monday, the South Carolina Supreme Court ruled that the state's certificate of need program was not eliminated when Governor Nikki Haley vetoed the program's funding last year, according to a WLTX 19 report.

Banner Health has invested $2.3 million to open an outpatient surgery center on the Banner Gateway and Banner MD Anderson campus in Gilbert, Ariz., according to a Phoenix Business Journal report.

This month, Providence Health Care plans to open its new outpatient surgery center and medical clinic in Spokane Valley, Wash., according to a report by The Spokesman-Review.

On Thursday, a New York State Health Department panel voted against issuing Kaleida Health and its physician partners a certificate of need for a $2.66 million ambulatory surgery center in Orchard Park, N.Y., according to a report by The Buffalo…

Cantor Fitzgerald has raised their AmSurg stock price target from $42 to $55 per share, according to a report by The Street.

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.

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.