Here are five orthopedic-driven ambulatory surgery centers that have opened, been announced or expanded within the past month.
ASC Transactions & Valuation Issues
The Illinois Health Facilities and Services Review Board has approved St. John's Hospital's proposal to acquire Prairie Surgery Center in Springfield, Ill., for $8.5 million, according to a report by The State Journal-Register.
Continued physician interest and case volume growth are vital to ambulatory surgery center success. Here are eight of the biggest challenges ASC management and development companies foresee in achieving these goals, according to VMG Health's 2011 ValueDriver ASC Survey.
Meridian Surgical Partners, LLC (MSP) announces the opening of its newly-relocated facility, Treasure Coast Center for Surgery in Stuart, Florida.
Here are 10 statistics on where ambulatory surgery center management and development companies target potential acquisitions, what type of ASCs are targeted and how offering price is determined, according to VMG Health's 2011 ValueDriver ASC Survey.
PhotoMedex, a skin health company, has announced its intentions to acquire LCA-Vision for $106.4 million, according to a report by The Intelligence.
East Tennessee Children's Hospital in Knoxville plans to begin a $75 million expansion project, which includes a new surgery center, according to a report by The Daily Times.
A majority of ambulatory surgery center management and development companies, 69 percent, expect that ASC acquisition values will remain unchanged, according to VMG Health's 2011 ValueDriver ASC Survey.
The San Antonio Orthopaedic Group, which includes an ambulatory surgery center, recently completed a "makeover" for extra practice space and improved medical treatment, according to a San Antonio Business Journal report.
Obtaining adequate reimbursement is a top priority for ambulatory surgery center leaders. Here are 24 statistics on how ASC management and development companies assess managed care and reimbursement in relation to valuation, according to VMG Health's 2011 ValueDriver ASC Survey.
