ASC Transactions & Valuation Issues

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.

AmSurg announced first quarter revenue increased 14 percent in 2013 to $260.1 million, with net earnings from continuing operations attributable to the company's common shareholders was $17.8 million.

Grossman Burn Center has partnered with Research Medical Center in Kansas City, Mo., to open a location at the hospital, according to a Fort Mill Times report.

Piedmont Healthcare intends to invest $1.5 million to renovate its McDonnell Surgical Center in Atlanta, according to an Atlanta Business Chronicle report.

Mountain View Medical Center, owned by Katherine Johnson, MD, and Pierre Johnson, MD, has opened at a new location in Fairbanks, Alaska, according to a Newsminer report.

Avera Medical Group Worthington is opening a multispecialty ambulatory surgery center in Worthington, Minn., according to a Daily Globe report.