At the 19th Annual Surgery Centers Conference in Chicago on October 26, Jason Ruchaber, CFA, ASA, partner, HealthCare Appraisers, presented on the "myth of the multiple" in regard to surgery center valuation and transactions.
ASC Transactions & Valuation Issues
The Drew Memorial Hospital Board in Monticello, Ark., will look at plans for a new surgery center in mid-November, according to a My Monticello News report.
Tacoma Ambulatory Surgery Center is handling its last seven outpatient surgeries today, after a decision to close down driven by increased competition in the community, according to a News Tribune report.
Physicians Endoscopy, based in Doylestown, Pa., will become the primary owner of the Ambulatory Center for Endoscopy and Colonoscopy at Palisades Medical Center in North Bergen, N.J., according to a Philadelphia Business Journal report.
Blue Chip Surgical Center Partners has announced the opening of Archibald Surgery Center in Rancho Cucamonga, Calif., according to a Sacramento Bee report.
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Jon O'Sullivan recently sold his interest in valuation firm VMG Health and started a new company, Health Economix, which will focus on assisting clients with transactions, valuation and investment. Here he discusses his transition to the new role, as well…
The economy may still be making a slow recovery, but the market for buying and selling ambulatory surgery centers is robust, says Blayne Rush.
Louisiana State University's outpatient surgery center will become a "mini-hospital" providing prisoner and general population when Earl K. Long Medical Center closes in north Baton Rouge, according to an Associated Press report.
This article was written by Coker Barton, Senior Vice President and National Healthcare Director, Hoar Construction, LLC.
Palisades Medical Center is planning to build a new medical office building, one floor of which would include an ambulatory surgery center, according to a North Jersey report.