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ASC Transactions & Valuation Issues

At the 11th Annual Spine, Orthopedic & Pain Management-Driven ASC Conference June 14, Kenneth Faw, MD, executive and medical director of Evergreen Surgical Center in Kirkland, Wash., and Neil Johnson, RN, senior vice president and COO of Kirkland-based EvergreenHealth, discussed…

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.

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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.…

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.

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