ASC Transactions & Valuation Issues

Tallahassee Memorial Healthcare and a consortium of 30 physicians have formed joint venture partnership to develop a multispecialty ASC. The facility is affiliated with BBL Medical Facilities.

Several leaders in ambulatory surgery centers will gather at the 19th Annual Ambulatory Surgery Centers Conference in Chicago to participate in a roundtable discussion on the outlook for investment and mergers and acquisition activity in the ASC.

The Urology Group has opened a new $20 million headquarters, including a surgery center, in Norwood, Ohio, according to a Business Courier report.

George Paletta Jr., MD, the celebrated St. Louis Cardinals medical director/head team physician, has received approval from Chesterfield, Mo., officials to build an orthopedic surgical center that will keep some patients overnight, according to a St. Louis Business Journal report.

Cabot Hyde, partner at Waller, discusses the essentials of surgery center partnership and alignment opportunities with hospitals.

Construction plans for the Newsom Eye Surgery Center in Sebring, Fla., have moved forward following council approval of annexation, according to a News Sun report.

Surgical Care Affiliates may move its Libertyville, Ill.-based Hawthorn Surgery Center to a new location in Vernon Hills, Ill., according to a Crain's Chicago Business report.

Maury Regional Medical Center's $7.9 million surgery center in Spring Hill, Tenn., will be complete in early November, according to a Tennessean report.

Beaumont Health System in Royal Oak, Mich., has expanded its services with a center for minimally invasive gynecologic surgery, according to a CBS Detroit report.

Omaha's Methodist Hospital has announced plans for a $75 million surgery center, according to a Livewell Nebraska report.