Paseo (N.M.) Surgery Center is expected to now occupy 6,200 square feet of a 15,000-square-foot Albuquerque building that previously housed Vaughn Co. Realtors', according to an Albuquerque Business First report.
ASC Transactions & Valuation Issues
Greensboro (N.C.) Specialty Surgery Center filed a certificate of need application with the North Carolina Division of Health Service Regulation for a $5 million expansion project, according to a report by The Business Journal.
Chesapeake (Va.) Regional Medical Center has earned state approval for a five-year lease and the addition of an ambulatory surgery center on the second floor of an outpatient surgery facility proposed for Virginia Beach, according to a PilotOnline.com report.
Lakes Regional Healthcare, based in Spirit Lakes, Iowa, is nearing completion of its 10,000-square-foot, $20 million expansion project, which includes a new surgery center, according to a Dickinson County News report.
On Sept. 9, Christopher Holden, CEO of ambulatory surgery center management and development company AmSurg, sold 5,000 shares of the company's stock, according to a WKRB News & Analysis report.
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While the hospital consolidation market continues to move at a rapid pace, the market for consolidation of ancillary services providers appears to be moving at a slower and more uneven pace. In the hospital market, there are large systems that…
Despite the steady decline in Medicare reimbursement, since 2007 ambulatory surgery centers have been exhibiting low to mid-single digit growth in revenue, according to a report by Moody's Investors Service.
Here are 18 statistics on payer mix at ambulatory surgery centers by net revenue, according to VMG Health's ASC Intellimaker 2011 Survey.
Beverly (Mass.) Hospital has renamed the Beverly Hospital at Danvers Medical and Day Surgery Center the Lahey Outpatient Center, Danvers, according to a report by The Salem News.
Bridget Sundell, MD, board-certified ophthalmologist, and Fairview Range in Hibbing will break ground on a joint venture, multispecialty surgery center in Virginia, Minn., on Sept. 24, according to a HometownFOCUS.us report.