This month, Providence Health Care plans to open its new outpatient surgery center and medical clinic in Spokane Valley, Wash., according to a report by The Spokesman-Review.
ASC Transactions & Valuation Issues
On Thursday, a New York State Health Department panel voted against issuing Kaleida Health and its physician partners a certificate of need for a $2.66 million ambulatory surgery center in Orchard Park, N.Y., according to a report by The Buffalo…
Cantor Fitzgerald has raised their AmSurg stock price target from $42 to $55 per share, according to a report by The Street.
Summit Orthopaedics in Woodbury, Minn., has opened a 68,000-square-foot orthopedic surgery center with 23-hour stay capability, according to a Minneapolis/St. Paul Business Journal report.
Buffalo Surgery Center in Amherst, N.Y., has filed plans with the state department of health for a $1.2 million, 35,000-square-foot facility located next to its existing building on the Excelsior Orthopaedics Campus, according to a Buffalo Business First report.
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McLaren Bay Region in Bay City, Mich., plans to build a new facility to house an ambulatory surgery center and medical office staff, according to an mlive report.
Here are four recent ambulatory surgery center merger and acquisition agreements.
Health insurer Highmark plans to invest $25 million for an ambulatory surgery center in Bethel Park, Pa., according to a Pittsburgh Business Times report.
Christopher Holden, CEO of AmSurg, has sold 3,000 shares of company stock, according to WKRB News & Analysis report. David Manning, executive vice president of AmSurg, has sold 23,500 shares of company stock, according to a Mideast Times report.
Nearly a third of ambulatory surgery center companies, 29 percent, prefer majority ownership in their centers with a hospital partner, according to VMG Health's 2011 ASC ValueDriver Survey. Here are seven things to know about ASC company ownership preference and…