ASC Transactions & Valuation Issues

James P. Alexander, president and CEO of Howard Regional Health System in Kokomo, Ind., and Bryan Mills, president and CEO of Community Health Network, have announced a formal affiliation between the two organizations, according to a CHN release.

An application for a certificate of need to build a new ambulatory surgery center in Bayside, N.Y., has been approved despite objection from Flushing (N.Y.) Hospital, according to a Crain's New York report.

WakeMed Health & Hospitals' patient revenue increased by 8 percent to nearly $1 billion in 2011, driven in part by a full year of operation of the system's Blue Ridge Surgery Center in Raleigh, N.C., according to a Triangle Business…

Candescent Partners, a Boston-based private equity firm, has announced it has acquired Koch Eye Associates, an eye care services provider in Rhode Island, according to a Candescent Partners news release.

Regent Surgical Health recently entered into a joint-venture agreement with an academic medical center — a departure from the traditional three-way joint-venture model of an acute-care hospital, management company and physician group. Under its agreement with Robert Wood Johnson University…

Community leaders are considering a proposal for a development company to turn the vacant Rockaway Courthouse in Queens, N.Y. into an ambulatory surgery center, according to a New York Daily News report.

Mon General Hospital in Morgantown, W.Va., has opened a new orthopedic surgery center, according to a WDTV.com report.

A new surgery center is included in plans for expansion of the Sanford Bemidji (Minn.) medical campus, according to a Forum of Fargo-Moorhead report.

Sparks Regional Medical Center in Fort Smith, Ark., is set to open a new surgery center on March 2, according to a The City Wire report.

Subsidiaries of Nashville-based Community Health Systems plan to purchase Memorial Hospital, the Surgical Center of York and other associated facilities in York, Pa., according to a hospital press release.