ASC Transactions & Valuation Issues

Children's Hospital of Philadelphia has announced plans to develop an 115,000-square-foot specialty care center, which will include an ambulatory surgery center, in King of Prussia, Pa.

Marquette (Mich.) General Hospital has initiated a ten-year, $300 million expansion and renovation project, which will include the construction of an ambulatory surgery center this summer, according to an Upper Michigans Source report.

Martin Foot and Ankle in York, Pa., has acquired a $1.8 million, three-building medical campus in Springettsbury Township, according to a York Daily Record report.

On April 22, Queens Endoscopy in Fresh Meadows, N.Y., opened its doors to patients after receiving New York State Department of Health Approval on April 19.

Here are 55 statistics on ambulatory surgery center risk factors for center valuation, according to VMG Health's 2011 ValueDriver ASC Survey.

Naser Rustom, MD, has proposed to open a $5.5 million outpatient surgery center in Orland Park, Ill., that would adhere to Islamic religious law, according to a Crain's Chicago Business report.

Next week, St. Vincent Anderson (Ind.) Regional Hospital will begin construction on a $26 million surgery pavilion that will replace the hospital's former surgery department and center, according to an Inside Indiana Business report.

The Palm Desert City Council is preparing to vote on a land transfer that would result in the new Palm Desert Health Campus at UC Riverside (Calif.) School of Medicine, according to a My Desert report.

Mayor Michael Bloomberg and the New York City Economic Development Corporation have announced the Rockaway Courthouse in New York, left vacant for over 30 years, will be converted into a multispecialty ambulatory surgery center and medical facility, according to a…

Kristina Tansavatdi, MD, has opened the Tansavatdi Cosmetic & Reconstructive Surgery Center in Westlake Village, Calif., according to a Techsonian report.