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ASC Transactions & Valuation Issues

Cleveland Clinic has sold the building that houses its Elyria (Ohio) Family Health & Surgery Center to CHP Chestnut Commons OH MOB for $20.2 million. The acquisition is not expected to affect the surgery center's daily operations.

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In July, Saint Vincent Health System, a two-hospital network based in Erie, Pa., officially became a subsidiary of Pittsburgh-based health insurer Highmark. After several months of negotiations and regulatory approval, Saint Vincent went from an independent hospital network to a…

Metro Health has received certificate of need approval for a $13.8 million surgery center in Grand Rapids, Mich. The surgery center will be located in a vacant medical office building.

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