ASC Transactions & Valuation Issues

Physician owners of mature ambulatory surgery centers consider re-syndication for a variety of reasons, chief among them being the opportunity to bring on new physician partners to boost the center's patient volume and bottom line.

Somerset Development has purchased a 1.7 million-square-foot site from the Township of Holmdel, N.J., for $27 million, according to a report by The Paramus Post.

Thomas Eye Group, based in Atlanta, Ga., will open its new Sandy Springs location on Nov. 20.

Here are 15 statistics on surgery center assets based on geographic region, according to VMG Health's ASC Intellimarker Survey 2011.

Symbion's income from continuing operations increased to $4.2 million in the third quarter of 2013, according to a report from the Nashville Post.

Olympic Medical Center is considering taking out a $20 million loan to finance an expansion project that includes a $9 million outpatient surgery center in Sequim, Wash., according to a peninsuladailynews.com report.

The Stark County Regional Planning Commission has granted approval for the construction of a 50,616-square-foot medical office building and ambulatory surgery center in Canton, Ohio, according to a CantonRep.com report.

Here are 15 statistics on ambulatory surgery center staff hours per case based on the center's net revenue, according to the VMG Multi-Specialty ASC Intellimarker 2011.

Physicians Realty Trust reported a 19.4 percent increase in total revenue for the third quarter of 2013, reaching $3.7 million.

Vivere Health and Kenneth Moghdam, MD, have opened the Vivere-Austin Surgery Center, according to a heraldonline.com report.