ASC Transactions & Valuation Issues

The River Valley Ambulatory Surgery Center in Norwich, Conn., will be developed and managed by Merritt Healthcare.

Merritt Healthcare is pleased to announce that Boston Endoscopy Center (“BEC”) has sold a majority interest to AmSurg, a leading ASC and endoscopy center operator. BEC is located in Wellesley Hills, Massachusetts. The Facility engaged principals of Merritt to market…

Palomar Health's 7,600-square-foot, $4.5 million ambulatory care center in Ramona, Calif., will open in March, according to a RealEstateRama report.

Hays Surgery Center, the first out-patient facility in Kyle, Texas, opened last week, according to a Hays Free Press report.

The Kent Hospital, in Warwick, R.I., $15 million ambulatory surgery center project includes eight surgery suites and 27 pre- and post-operative beds in a 30,000-square-footbuilding and is expected to be completed in May, according to a Warwick Beacon report.

Metro Chicago Surgical Oncology, led by Timothy Hollister, MD, has teamed with Vantage Oncology, a developer of radiation oncology centers based in Manhattan Beach, Calif., to open the MSCO center in Wilmette, Ill., according to a Wilmette Life report.

Presence Health, a healthcare system created by the merger of Provena Health and Resurrection Health Care, in conjunction with St. Joseph Hospital is constructing a 10 story medical office building in Chicago, Ill., that will include outpatient services, according to…

The ownership landscape of ambulatory surgery centers continues to evolve, and many centers may be looking for financial partners to improve or expand business. A hospital joint venture could be advantageous course of action.

Decatur, Ga.-based Ankle and Foot Centers of Georgia announced the relocation of its Decatur office.

On March 21, 2103 from 1:00 pm to 2:00 pm (CT) a complementary teleconference focusing on ASC trends including sales, joint ventures, specialties and turnarounds will be held.