ASC Transactions & Valuation Issues

We don't expect the OIG's recommendation to lower HOPD rates to take effect; CMS opposes them, and they would have a strongly negative impact on hospitals. Indeed, if the recommendations did take effect, there would be numerous unexpected consequences. Here…

Here are four ambulatory surgery center that have been acquired, merged or converted within the past month.

The Joint Township District Memorial Hospital Auxiliary presented the Joint Township District Memorial Hospital in St. Marys, Ohio with a $15,000 check for a new ambulatory surgery center, according to a limaohio.com report.

Park Nicollet Health Services plans to spend $48 million on a new, 115,000-square-foot outpatient center next to its existing clinic in Maple Grove, Minn., according to a Minneapolis/St. Paul Business Journal report.

Here are seven ambulatory surgery centers that have been announced, expanded or opened within the past month.

In mid-April the South Carolina Supreme Court ruled that the state's certificate of need program would stand. Now, the state's public health department is requesting the court review its ruling, according to a report by The Post and Courier.  

The U.S. Department of Veterans Affairs opened a 19,100-square-foot, $10 million outpatient surgery center on its Mather, Calif., campus, according to a Sacramento Business Journal report.

Carolina Orthopaedic Specialists, based in Hickory, N.C., and Rendina Companies are developing the Coastal Surgery Center, according to a WMBF News report.

Texas Fertility Center announced the opening of its new embryology lab for in vitro fertilization and fertility surgery center in San Antonio.

AmSurg announced its financial results for the first quarter ended March 31. The company's revenues were $263.1 million, up 2 percent from $258.2 million in the first quarter of 2013.