ASC Transactions & Valuation Issues

1. Build consensus among the owners. The first step to any sale of an ambulatory surgery center is to build consensus among the center's owners. Some of the most common reasons for owners to sell include: to diversify assets; to…

The current trend in the healthcare industry leans toward consolidation, but that doesn't necessarily mean ambulatory surgery centers have to give up full independence. If it has become difficult for the ASC to stay fully independent, they have partnership opportunities…

Crozer-Keystone Health System, based in Springfield, Pa., has acquired the Surgery Center of Pennsylvania and renamed the facility Crozer-Keystone Surgery Center at Haverford, according to a Philadelphia Business Journal report.

According to "Deloitte's 2013 Survey of U.S. Physicians: Physician perspectives about healthcare reform and the future of the medical profession" report, 73 percent of surgical specialists believe that it's "likely" or "very likely" hospitals and physicians will become more integrated…

Thomas Izquierdo, MD, Azeem Khan, MD, and Frontier Healthcare partnered to open the Queens (N.Y.) Boulevard Endoscopy Center, which received approval from the New York Department of Health on March 21.

St. Mary Medical Center in Hobart, Ind., has opened its $17 million, 55,000-square-foot Valparaiso (Ind.) Health Center, according to a Lake Michigan Shore report.

Bayview Physicians Group has acquired Lakeview Medical Center in Suffolk, Va.

San Joaquin Community Hospital in Bakersfield, Calif., has submitted licensing requests for two ambulatory surgery centers with the California Department of Public Health, according to a report by The Bakersfield Californian.

River Oaks Hospital in Flowood, Miss., has announced the opening of a freestanding Pediatric Surgery Center, also in Flowood, according to a Mississippi Business Journal report.

On Monday, Bayview Physicians Group assumed control of Lakeview Medical Center in Suffolk, Va., according to a Suffolk News-Herald report.