ASC Transactions & Valuation Issues

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.

Here are 12 statistics on average long-term debt for ambulatory surgery centers based on data from the VMG's 2011 Intellimarker ASC Benchmarking Study.

Here are nine recent news updates for ambulatory surgery centers and physicians.

Regent Surgical Health, a Westchester, Ill.-based ambulatory surgery center development and management company, has announced that it will develop an ASC with 26 physician partners of Plaza Ambulatory Surgery Center and Providence Portland Medical Center.

Wentworth-Douglass Health System, based in Dover-N.H., has announced plans to open the Wentworth Surgical Center in Somersworth, N.H., according to a Seacoastonline report.

Colin McDermott, CFA, CPA, is a senior manager for Dallas-based VMG Health. He specializes in healthcare financial, valuation and transaction issues.

Saint Luke's Surgicenter in Lee's Summmit, Mo., has completed a 15,000-square-foot, 18-month expansion project that cost over $6.5 million, according to a Kansas City Business Journal report.