ASC Transactions & Valuation Issues

Bay Area Surgical Management, a San Francisco Bay area network of ambulatory surgery centers, has reached an agreement to become an in-network provider for Cigna.

Medical Facilities Corporation announced a 34 percent increase in consolidated facility service revenue for the third quarter of 2013, totaling $73 million.

Here are 36 statistics on case volume mix as a percentage of total cases at ambulatory surgery centers based on net revenue, according to VMG Health's ASC Intellimarker Survey 2011.

Symbion Healthcare and St. Louis Surgery Center have partnered with three physicians to open the St. Louis Incontinence Institute, an ambulatory surgery center dedicated to providing care for incontinence patients.

Physicians' Eye Surgery Center of Charleston (S.C.) has joined AmSurg.

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.