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.

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, according to a report by The Morning Journal News.  

Governor Dannel P. Malloy has signed legislation that has helped finance the new $203 million ambulatory care facility at the University of Connecticut Health Center campus in Farmington, according to a CT News Junkie report.

This article was written by Bo Hjorth, vice president of business development at Regent Surgical Health, and republished here with permission.

A recent case study conducted by New York Presbyterian Hospital and DataGen examines the challenges and success factors of Medicare's Bundled Payments for Care Improvement Initiative.

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.

Self-managed healthcare properties company Physicians Realty Trust has completed the $40 million acquisition of the Foundation Surgical Hospital of El Paso and the adjacent medical office building.

Metro Health has received certificate of need approval for a $13.8 million surgery in a vacant medical office building in Grand Rapids, Mich., according to a MiBiz report.  

Crown Valley Outpatient Surgical Center in Mission Viejo, Calif., has recently expanded its facility with the addition of a cosmetic surgery division.