Orthopedic Associates plans to open a 9,200-square-foot surgery center in a medical office building in Honolulu, according to a Pacific Business News report.
ASC Transactions & Valuation Issues
Here are four new joint venture ambulatory surgery centers and ASC partnerships.
Massac Memorial Hospital and the Orthopedic Institute of Western Kentucky intend to open an outpatient orthopedic and podiatric surgery center in Metropolis, Ill., by the end of the year, according to a WPSD Local report.
Under pressure to contain costs while simultaneously delivering higher-quality care, hospitals and health systems have been consolidating at a feverish pace in recent years.
In 2013, 52 percent of hospitals planned to acquire physician practices according to Jackson Healthcare's Trend Watch: Physician Practice Acquisitions report.
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Jon Vick of ASCs Inc. gives a detailed picture of the ambulatory surgery center buyer's market, what qualities buyers look for in potential ASC acquisitions and how ASC leaders can position their centers to attract the right buyers.
Roanoke Valley Center for Sight in Salem, Va., is seeking state approval for the addition of a third operating room to accommodate a growing patient volume, according to a report by The Roanoke Times.
Christopher Holden, CEO of AmSurg, sold 3,000 shares of company stock on Feb. 5, according to a WKRB News & Analysis report.
Beloit Health System is going through the process of filing a certificate of need for the addition of a $16.3 million expansion project at its NorthPointe Health and Wellness Campus in Roscoe, Ill., according to a Rockford Register Star report.
Palmetto Primary Care, based in Charleston, S.C., and Equity Healthcare have proposed a $135 million medical hub project, including an ambulatory surgery center, according to a report by The Post and Courier.