ASC Transactions & Valuation Issues

Chesterfield, Mo., has approved a zoning amendment to allow George Paletta, Jr., MD, to open a surgical center in the valley, according to a St. Louis Today report.

Here are 44 statistics on the number of surgery centers managed by the industry's biggest management and development companies. Of the approximately 5,876 freestanding ASCs operating in the Untied States, approximately 22.3 percent are owned or managed by multi-facility chains.

The Florissant (Mo.) City Council unanimously passed a bill that would allow for the construction of a surgery center, according to a Florissant Patch report.

Sioux Center Community Hospital & Health Avera recently broke ground on a $48.5 million medical campus designed with outpatient and specialty services in mind, according to a Sioux City Journal report.

Here are 13 surgery center administrators managing physician-hospital joint ventures, according to previous Becker's Healthcare reports. 

Medical Facilities Corporation has announced that a cash dividend payment of CDN $0.09375 per common share will be payable on Sept. 17, 2012, to holders of record of common shares at the close of business on Aug. 31, 2012.

David Paustian, MD, recently opened Paustian Medical & Surgical Center in rural Neillsville, Wis., according to a Marshfield News Herald report.

This article is written by John Poisson, EVP of strategic partnerships for Physicians Endoscopy.

Women & Children's Hospital in Buffalo, N.Y., is continuing its plans to construct a new ambulatory surgery center on the Buffalo Niagara Medical Campus, according to a Buffalo Business First report.

Anne Arundel Medical Center in Annapolis, Md., opened a new surgery center on Monday and is now recruiting surgeons for the facility, according to a Capital Gazette report.