ASC Transactions & Valuation Issues

A group of physicians has sold majority ownership of the St. Louis Women's Surgery Center in Ballwin, Mo., to Symbion Healthcare for $7.6 million in an effort to grow the number of physicians and breadth of services offered, according to…

Williston, N.D.-based Mercy Medical Center recently opened an outpatient surgery center on its hospital campus, according to a Great Falls Tribune report.

Here are 10 surgery centers recently acquired, opened, approved or planned for the future.

Nashville-based ASC operator Covenant Surgical Partners has raised $3 million in new equity, according to a Nashville Business Journal report.

Cleveland Clinic in Ohio has purchased the Marymount Ambulatory Surgery Center in Garfield Heights, Ohio, according to a Plain Dealer report.

Physicians Endoscopy, a leading GI ASC development and management company, recently announced the acquisition of a minority interest in the Elgin (Ill.) Gastroenterology Endoscopy Center.

Here are 5 tips from Blayne Rush, president of Ambulatory Alliances, for preparing to sell an ASC:

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.