ASC Transactions & Valuation Issues

The Illinois legislative Joint Commission on Administrative Rules once again ruled to support its prohibition against certificate of need changes in the state that would be detrimental to ambulatory surgery centers, according to an Ambulatory Surgery Center Association of Illinois…

Fremont (Neb.) Area Medical Center has announced it intends to complete the acquisition of Fremont Surgical Center in February, according to a Fremont Tribune report.

Urology of Virginia intends to begin a $17.8 million expansion project, which includes an ambulatory surgery center, according to a PilotOnline.com report.

Medical Facilities Corporation announced its cash pay dividend for December.

St. Nicholas Hospital will acquire Sheboygan (Wis.) Surgery Center, effective Dec. 31, according to a report by The Sheboygan Daily.

David Ditsworth, MD, a board-certified neurosurgeon, has announced the opening of Philadelphia Surgery Center, which offers outpatient spine procedures.

Spectrum Orthopaedics, based in Canton, Ohio, has broken ground on a new, two-story facility, including an ambulatory surgery center, in Jackson, Ohio, according to a report by theSuburbanite.com.

Via Christi Hospital in Wichita, Kan., broke ground on a new surgery center project in November 2012, and after temporary setbacks the construction on the project has begun again, according to a KOAMTV.com report.

The University of Minnesota will break ground on its $160 million Ambulatory Care Center this week, according to a Minneapolis/St. Paul Business Journal report.

A number of organizations and lawmakers support the loosening or repeal of North Carolina's certificate of need laws, according to a Star News Online report.