ASC Transactions & Valuation Issues

Excela Health, based in Greensburg, Pa., has disclosed preliminary plans for a 114,000-square-foot outpatient medical facility in Unity, a project it hopes to start building by summer, according to a TribLIVE report.

Regional Medical Center in Orangeburg, S.C., has broken ground on a $6.8 million surgery center, according to a Times & Democrat report.

Via Christi Hospital in Pittsburg, Kan., has received bids from five or seven general contractors invited to submit them and nears the groundbreaking for its $18 million surgical center, according to a Joplin Globe report.

Here are 17 surgery centers that opened, were acquired or were planned by hospitals or physician groups in October.

Baylor Surgical Hospital in Fort Worth, Texas, said Monday that it plans to build a $35.1 million, 77,000-square-foot surgery center, according to a Dallas Business News report.

Massachusetts Eye and Ear has celebrated the grand opening of a new outpatient surgery center in the Longwood/Mission Hill area of Boston, according to a Newswise report.

In a webinar hosted by Becker's ASC Review, Christian Ellison, senior vice president of corporate development for Health Inventures, discussed key considerations for hospitals deciding to own or joint venture with an ambulatory surgery center.

Whether ambulatory surgery centers are looking into expansion projects or want to sell their ownership outright, refinancing is a very viable, and potentially lucrative, option for the future.

Surgery centers can enjoy tremendous benefits by partnering with a hospital: better managed care contracts, lower prices from vendors, and greater market share. But the road to a happy hospital partnership is not always easy, and miscommunications between the parties…

The Spine Institute in Johnstown, Colo., has purchased a 1.8 acre parcel of land, on which to build an outpatient surgery center, according to an NCBR report.