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.
ASC Transactions & Valuation Issues
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.
When looking to buy a surgery center, the percentage of out-of-network cases an ASC does is one of the most important factors a buyer considers. In a recent VMG Health survey, 93 percent of buyers said heavy reliance on out-of-network…
IMC Construction is developing a 150,000-square-foot, $25 million surgical center for Bryn Mawr (Pa.) Hospital, according to a Penn Live report.
Here are 28 joint ventures between physicians, surgery center management companies and/or hospitals during 2011, organized alphabetically by state. Read the Becker’s ASC Review list of 175 surgery centers that were developed or planned in 2011. Note: If you were…
Marquette (Mich.) General Health System has announced it is exploring partnership opportunities to help the system expand services and practice areas, including construction of an outpatient surgical center, according to a Marquette General blog post.
James Ellis, CEO of Health Care Realty Development Company, discussed six reasons outpatient centers will grow in 2012 in a Healthcare Finance News report.
Kaleida Health is moving forward with plans to build an ambulatory surgery center for Women & Children's Hospital in Buffalo, N.Y., according to a Buffalo News report.
Once physician-owners decide to sell a surgery center, they must decide on what percentage of the center to sell. Jon Vick, founder and president of ASCs Inc., which has assisted in development, merger and acquisition transactions for more than 200…
