ASC Transactions & Valuation Issues

Montefiore Medical Center in the Bronx is planning to spend $142.3 million on its first freestanding ambulatory surgery center, according to a Crain's New York Business report.

Here are 21 surgery centers opened, acquired or planned in September 2012.

The Ambulatory Specialty Surgery Center of Brooklyn closed earlier this month and will reopen in October as a facility providing outpatient surgeries, but not abortions, according to an NY Daily News report.

The Tacoma (Wash.) Ambulatory Surgery Center is closing after 30 years, squeezed by competition from the city's two large health systems, according to a News Tribune report.

Hart Road Pain and Spine Institute has been approved by the Illinois Department of Public Health to open in Barrington, Ill., and see its first patient Oct. 2, 2012, according to a release.

Surgery Center of the Pacific and Surgery Center of Santa Monica have executed a letter of intent to combine operations and will provide outpatient surgical care from one location, under the Surgery of the Pacific name, by late 2012.

Sutter Medical Center will move 50 or so staff and physicians from Santa Rosa Surgery Center from their existing location to an 80,000-square-foot medical office building, according to a North Bay Business Journal report.

Billings (Mont.) VA Clinic has announced a new facility that will provide outpatient surgery and specialty services to an estimated 21,000 veterans, according to a KXLF report.

Rochester General Health System plans to develop an ambulatory surgery center, relocating a same-day surgery practice it purchased earlier and ambulatory surgery facilities from Rochester General Hospital, according to a Rochester Business Journal report.

An endoscopy clinic within the Saint Thomas Surgery Center Network is pursuing approval from the Tennessee Health Services and Development Agency to expand its offerings, according to a Tennessean report.