ASC Transactions & Valuation Issues

Licking Memorial Hospital has been converted back to an outpatient surgery center after operating as an inpatient facility, according to a Columbus Business First report.

Lake Health in Concord Township, Ohio, has opened its Bariatric Surgery Center, and bariatric surgeon Aviv Ben-Meir, MD, will lead the surgical team, according to a Cleveland Plain-Dealer report.

Swedish Covenant Hospital in Chicago will pay $1.4 million to buy out its surgery center partner, according to a Chicago Healthcare Daily report.

Naser Rustom, MD, has reworked his proposal for an Orland Park, Ill., surgery center that would cater to the Islamic faith to exclude any references to Shariah, Islamic religious law, according to a Crain's Chicago Business report.

Here are 12 statistics on case volume mix as a percentage of total case volume, according to VMG Health's ASC Intellimaker Survey 2011.

Magna Health has worked with SomerCor 504 to fund its newly-developed, $20 million surgery center in Bedford Park, Ill., according to a RE Journals.com report.

AmSurg has announced a 17 percent revenue increase in the second quarter of 2013 to $269.3 million.

Merritt Healthcare has announced the majority ownership sale of Diagnostic Endoscopy Center in Stamford, Conn., to AmSurg, an ambulatory surgery center and endoscopy center operation company.

Graymark Healthcare, based in Oklahoma City, Okla., has announced that is has acquired Foundation Surgery Affiliates and Foundation Surgical Hospital Affiliates.

Here are 12 statistics on Medicare funding sources and areas of Medicare expenditure from the 2009 annual report of the Board of Trustees of the Medicare trust funds, according to the Medicare Payment Advisory Commission.