ASC Transactions & Valuation Issues

The Ambulatory Surgery Center Association of Illinois announced its meeting with the Illinois Health Facilities and Services Review Board to discuss a proposed certificate-of-need rule change for the state has been postponed.

New England Baptist Hospital and Shields Healthcare Group have partnered to open the $25 million New England Baptist Outpatient Care Center in Dedham, Mass. The outpatient center focuses on providing orthopedic services.

Merritt Healthcare is pleased to announce the River Valley Ambulatory Surgery Center has been granted its license from the state of Connecticut Department of Health and is currently operational.  

SoutheastHEALTH Center intends to borrow $40 million in bonds to fund the expansion and remodeling of its facility in Cape Girardeau, Mo., according to a Southeast Missourian report.

Palo Alto Medical Foundation has received city approval to build an ambulatory surgery center in Fremont, Calif., according to Silicon Valley Business Journal report.  

Wentworth-Douglass Health System has broken ground on the Wentworth Surgical Center in Somersworth, N.H., according to a fosters.com report.

Peconic Bay Medical Center in Riverhead, N.Y., has announced that The Gertrude and Louis Feil Campus for Ambulatory Care in Manorville, N.Y., will officially open on Thursday, according to a Riverhead Patch report.

Jorge Garcia-Zuazaga, MD, board-certified dermatologist, has opened the Apex Dermatology and Skin Surgery Center in Solon, Ohio, according to a cleveland.com report.

G.L. Bruno Associates is moving forward with plans to develop a $150 million medical plaza in Bakersfield, Calif., which would include a 34,000-square-foot outpatient surgery center, according to a report by The Bakersfield Californian.

Two physician owners of Southern Sports Surgery Center in Hendersonville, Tenn., have filed a certificate of need application for the sale of 38 percent ownership to the ambulatory surgery center management and development company SurgCenter Development, according to the Tennessee…