ASC Transactions & Valuation Issues

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.

The Baystate Franklin Medical Center in Greenfield, Mass., will begin plans for new surgery center this summer, according to a report by The Recorder.  

Physicians Endoscopy, Jamison, Pa.-based development and management company, has acquired Endoscopy Center of Bucks County in Newton, Pa. The center has eight physicians and three procedure rooms.

The $13 million, 42,000-square-foot Kyle Medical Plaza, which includes the recently opened Hays Surgery Center, has been acquired by Sanders Trust, a Birmingham, Ala.-based medical real estate investment firm, according to an AL report.

The Department of Veterans Affairs intends to open a 100,000-square-foot clinic in Eugene, Ore., which will provide ambulatory surgery services, ancillary services and primary care, according to a Bakersfield Now report.