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ASC Transactions & Valuation Issues

Palo Alto Medical Foundation, a Sutter Health affiliate based in Mountain View, Calif., has announced it will break ground on a new medical center in San Carlos, Calif., that will include an outpatient surgery center, according to a news release.

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Medical Facilities Corporation announced that a cash dividend payment of CDN $0.0917 per common share will be payable on May 15 to holders of record of common shares at the close of business on April 30, according to Stockhouse report.

Kimbrough Ambulatory Care Center in Fort Meade, Md., is scheduled to open a new outpatient surgery center in Fort Meade in May, according to a Ft. Meade SoundOff report.

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