St. Mary Medical Center in Hobart, Ind., has opened its $17 million, 55,000-square-foot Valparaiso (Ind.) Health Center, according to a Lake Michigan Shore report.
ASC Transactions & Valuation Issues
Bayview Physicians Group has acquired Lakeview Medical Center in Suffolk, Va.
San Joaquin Community Hospital in Bakersfield, Calif., has submitted licensing requests for two ambulatory surgery centers with the California Department of Public Health, according to a report by The Bakersfield Californian.
River Oaks Hospital in Flowood, Miss., has announced the opening of a freestanding Pediatric Surgery Center, also in Flowood, according to a Mississippi Business Journal report.
On Monday, Bayview Physicians Group assumed control of Lakeview Medical Center in Suffolk, Va., according to a Suffolk News-Herald report.
MC Healthcare Finance, an affiliate of Monroe Capital, has named Glenn Flinn managing director to establish the firm's Dallas office.
Southern Surgical Arts, a cosmetic surgery practice, will begin a $5 million, 27,000-square-foot office building project in Chattanooga, Tenn., later this month, according to a Times Free Press report.
On Tuesday, Meridian Plastic Surgery opened its new location in Meridian, Miss., according to a WTOK report.
Lane Regional Medical Center in Zachary, La., and Baton Rouge (La.) General have announced a plan to build a $3.5 million radiation oncology center on the Lane campus, according to a Zachary Today report.
Hospitals continue to acquire physician practices at a feverish pace, and according to an article from consulting firm Alvarez & Marsal, the trend may exacerbate problems regarding payments for same-site services.
