Olympic Medical Center has taken out a $20 million loan from KeyBank to finance an expansion project, which includes the construction of a surgery center in Sequim, Wash., according to a peninsuladailynews.com report.
ASC Transactions & Valuation Issues
Here are nine statistics on ambulatory surgery center assets based on the number of operating rooms, according to VMG Health's 2011 ASC Intellimarker Survey.
Medical Facilities Corporation announced its cash pay dividend for November.
Salt Creek Surgery Center in Westmont, Ill., and Midwest Endoscopy Center in Naperville, Ill., have sold majority stakes to the area's largest health system, Edward Hospital & Health Services.
Baylor Health Care System and United Surgical Partners International have partnered to open a joint venture, $35 million surgical facility in Fort Worth, Texas, according to a Star-Telegram report.
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Rexford Surgical Institute has expanded its multispecialty Beverly Hills (Calif.) Surgery Center.
National Bank Financial has increased Medical Facilities Corporation's price target from C$15.50 to C$17.00, according to a Ticker Report.
Integrated Medical Professionals, a clinical associate of Mount Sinai Hospital in New York, has opened Advanced Colon & Rectal Surgery Centers of New York in Melville, according to a heraldonline.com report.
The North Carolina Division of Health Service Regulation has approved acceleration of a review of Greensboro Specialty Surgical Center's certificate of need application for a $5 million expansion project, according to a report by The Business Journal.
Healthcare providers have rushed to consolidate market power over the past few years, and 2013 has been no exception.