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.
ASC Transactions & Valuation Issues
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.
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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.
The Digestive and Liver Center of Florida has announced that the Endo-Surgical Center of Florida in Orlando is now open.
Aspen Surgery Center in Simi Valley, Calif., is undergoing a renovation that will expand the facility 30 percent, according to a Moorpark Acorn report.
Sonoma (Calif.) Valley Hospital has started construction on a new two-story facility that will house a surgery center and emergency department, according to a Sonoma Portal report.