ASC Transactions & Valuation Issues

Aurora Health Care purchased Manitowoc (Wis.) Surgery Center, according to a Milwaukee Business News report.

St. Luke's in Boise, Idaho, is building a new outpatient surgery center in front of its Meridian hospital, which is currently 80 percent capacity, according to an Idaho Statesman report.

St. Joseph Hospital, Southern New Hampshire Medical Center and Dartmouth-Hitchcock Nashua opened a new outpatient surgery center, according to a report in the New Hampshire News.

Regent Surgical Health has formed a new joint venture partnership with the physician partners of Loveland (Colo.) Surgery Center. The multispecialty surgery center has a license for extended overnight patient stays.

A new joint venture surgery center in Westmoreland, N.Y., is expected to bring around 20 new jobs to the area in 2014, according to an Observer-Dispatch report.

In approaching the valuation of an existing surgery center, there are two distinct methods that can be used. For smaller transactions involving minority interest sales, a simple "back of the envelope" method can be employed.

Castleview Hospital in Price, Utah, has acquired Eastern Utah Surgical Center, also located in Price, according to a Sun Advocate report.

Allegheny (Pa.) Health System has announced that it will be opening a surgery center in Monroeville, Pa., this month, according to a Pittsburgh Post-Gazette report.

Children's National Medical Center and Inova Health System are planning to open a joint venture pediatric surgery center in Fairfax, Va., according to a Washington Business Journal report.

The physicians of Tri-City Orthopaedic Clinic, based in Richland, Wash., are planning to begin construction on a $3.4 million, 15,000-square-foot surgery center in Kennewick, Wash., according to a Tri-City Herald report.