ASC Transactions & Valuation Issues

Letters are pouring in to local media in support of and against a proposed surgery center for Kenai, Alaska.

Surgery centers are growing in popularity in Illinois as patients choose to undergo surgery in a more convenient location than a hospital, according to an Elgin Courier News report.

The eight-story Foster Medical Pavilion at Swedish Covenant Hospital in Chicago will house an outpatient surgery center and physician offices for more than 40 specialties, according to a Center Square Journal report.

Wisconsin Rapids-based orthopedic center McDonough Orthopaedic and Sports Medicine Center will join the Marshfield Clinic health system and change its name at the end of the month, according to a Wisconsin Rapids Tribune report.

Geisinger Health System plans to open an 80,000-square-foot ambulatory care and surgical center in Patton Township, Pa., according to Centre Daily Times report.

Pennsylvania dental care provider Smilebuilderz is considering opening an oral surgery center in Manheim Township, Pa., according to a Central Penn Business Journal report.

Robert Carrera, president of Pinnacle III, identifies five questions ambulatory surgery centers need to ask themselves when preparing to resyndicate to new investors.

Joe Clark, EVP and CDO for Surgical Care Affiliates, Aaron Murski, senior manager with VMG Health, and Luke Lambert, CEO of ASCOA, discuss their thoughts on ambulatory surgery center merger and acquisition activity over the next year.

St. Louis Surgical Center in Creve Coeur, Mo., has been acquired by investment trust Carter Validus Mission Critical REIT for $8.47 million, according to a St. Louis Business Journal report (subscription required for full access).

The New York Department of Health has approved development of a new surgery center in Buffalo, N.Y., according to a Buffalo Business First report.