ASC Transactions & Valuation Issues

The Atlanta-based Thomas Eye Group is planning a $9 million move and expansion of its St. Joseph Clinic and Ambulatory Surgery Center, according to a Commercial Property Executive report.

Today, Sansum Clinic and Towbes Group will break ground on the 60,000-square-foot, multispecialty Sansum Clinic Foothill Medical Center in Santa Barbara, Calif., according to a report by the Santa Barbara Independent.

Three Republican lawmakers in North Carolina have sponsored a bill that could make opening ambulatory surgery centers easier, according to a News Observer report.

Merritt Healthcare has purchased an interest in Central Maryland Ambulatory Surgery Center in Baltimore and will manage the operations of the ASC, according to a Merritt Healthcare news release.

Here are eight statistics on liquidity in ambulatory surgery centers across the nation, based on data from the 2011 VMG Multi-Specialty ASC Intellimarker Survey.

Crystal Clinic Orthopaedic Center, in partnership with Summa Health System, has opened a new outpatient facility with six orthopedic surgeons in Hudson, Ohio, according to a Hudson Hub Times report.

Gwinnett Medical Center, based in Lawrenceville, Ga., has purchased a $7.5 million former supermarket in Duluth, Ga., in order to build a 10-acre outpatient park, which will include ambulatory surgery services, diagnostic services, rehabilitation services and urgent care, according to…

New York hospitals are challenging the approval of a new ambulatory surgery center, Omnicare Multi-Specialty Center, citing the potential to slash hospital revenue, according to a New York Post report.

The 221,000-square-foot, $47 million Physicians' Clinic of Iowa in Cedar Rapids is slated to open on April 15, according to a KCRG report.

Children's Hospital Los Angles has opened an ambulatory care facility in South Bay, Calif., which has 14 physicians specializing in pediatric urology, pulmonology, plastic surgery, ENT, orthopedics, ophthalmology, neurology, gastroenterology, endocrinology and cardiology, according to SCV News report.