ASC Transactions & Valuation Issues

A new surgery center is under development in Bridgeport, Ohio, according to an Intelligencer/Wheeling News-Register report.

In a session at the Becker's Hospital Review Annual Meeting in Chicago on May 17, Chuck Peck, MD, CEO of Health Inventures, discussed keys to successful implementation of physician alignment initiatives.

A new medical building at the Santa Monica-UCLA Medical Center houses eight operating rooms for outpatient surgery, according to a Santa Monica Daily Press report.

Achieving a favorable valuation is critical for a surgery center looking to sell to a management company or hospital. Here are 10 factors that affect surgery center value, according to VMG Health's 2011 ValueDriver ASC Survey.

Physicians Endoscopy is partnering with GI physicians and Hudson Valley Hospital Center in Cortlandt Manor, N.Y., on a new endoscopy center, according to news release.

AmSurg delivered strong revenue growth during the first quarter of 2012, with revenues up year-over-year to $230.2 million, according to a Zacks Equity Research report.

Ambulatory surgery center operator Symbion saw its year-over-year loss widen in the first quarter of 2012, according to a Nashville Post report.

Foundation Surgery Affiliates and Foundation Surgical Hospital Affiliates, together known as Foundation Healthcare, will combine with Graymark Healthcare, a provider of sleep management solutions, according to a news release.

Glenn C. Campbell, MD, an ophthalmologist, is suing Virginia's Riverside Hospital over alleged breach of contract and violation of federal arbitration rules, according to a Virginia Gazette report.

The city council of Lumberton, N.C., is expected to refer a petition for a conditional use permit for Southeastern Regional Medical Center's development of a new facility in Lumberton to the city's planning board, according to a Robesonian report.