ASC Transactions & Valuation Issues

The Presbyterian Intercommunity Hospital Foundation, on behalf of Presbyterian Intercommunity Hospital in Whittier, Calif., is hosting a fundraising event later this month to benefit the hospital's new surgery center under development as part of a larger plaza tower project, according…

Construction and expansion has continued for physician-owned hospitals that were Medicare-certified by Dec. 31, 2010 — but the future of the ownership model is still uncertain, as opponents continue to criticize the potential "conflict of interest" physicians may face.

Cleveland Clinic has announced the opening of a new surgery center for Marymount Hospital, its hospital in Garfield Heights, Ohio, according to a news release.

Spine surgeon Alan Moelleken, MD, is involved in an anti-trust lawsuit against Cottage Health System and Neurosurgical Associates of Santa Barbara, in which he accuses the facilities of stifling competition and causing him $5 million in damages, according to a…

Huron (S.D.) Regional Medical Center has broken ground on a new Huron clinic that will include a surgical center, according to a Plainsman report.

A new outpatient surgery center is included in a $250 million expansion of Cook Children's Medical Center in Fort Worth, Texas, according to a Fort Worth Business Press report.

TLC Laser Eye Centers has entered into a joint venture with Harvard Eye Associates in Laguna Hills, Calif., to open a new laser eye surgery center, according to a Market Watch report.

Associated Surgical Center of Dearborn in Dearborn Heights, Mich., has submitted a letter of intent for a certificate of need to add one operating room, according to a Crain's Detroit Business report.

Presbyterian Healthcare, based in Charlotte, N.C., has announced the opening of a new surgery center in Charlotte, according to a news release.

Virtua, based in Marlton, N.J., has announced the opening of a surgery center as part of a new ambulatory care center in Vorhees, N.J., according to a news release.