ASC Transactions & Valuation Issues

Despite the trend of hospitals acquiring physician practices at a feverish pace, orthopedics have largely stayed intact as independent entities.

Today, AmSurg, ambulatory surgery center management and development company, intends to break ground on a 110,000-square-foot building in Burton Hills, Tenn., that will serves as the company's offices of operation, according to a Nashville Post report.

The Veterans Affairs Medical Center in Syracuse, N.Y., has completed a $90 million, six-story wing that includes an outpatient surgery center, according to an UTICAOD.com report.

Rockefeller Group intends to develop a 100,000-square-foot, four-story facility at its site, The Green at Florham Park, N.J., according to a NJBIZ report.

Good Samaritan Regional Health Center in Mt. Vernon, Ill., held a ribbon cutting ceremony for its $9 million Surgical Center, according to a Mt. Vernon Register-News report.

The healthcare market is experiencing a sweeping move towards consolidation. In this current climate, ambulatory surgery centers need to consider whether or not to remain independent. Hospitals, management companies and private investment firms all represent possible ASC majority ownership buyers.…

Providence Health Care has received an exemption from Washington's certificate of need process and has permisson to build an outpatient surgery center and medical park in Spokane Valley, but its rival, Valley Hospital, is contesting the ruling, according to a…

Flagship Healthcare Real Estate Fund, affiliated with Charlotte, N.C.-based Brackett Flagship Properties, and Austin, Texas-based Virtual Real Estate Capital have partnered to purchase Professional Medical Center in Greensboro, N.C., for $12.5 million, according to a report by The Business Journal.

Here are four recent joint venture ambulatory surgery centers.

Here are 18 statistics on ambulatory surgery center liquidity based on geographic location, according to the VMG Health 2011 Multispecialty ASC Intellimaker Survey.