ASC Transactions & Valuation Issues

While the economy finally appears to be stabilizing, there's no indication that it's on a strong trajectory upward. But even just the feeling of stability is providing courage to those wishing to once again start developing new ambulatory surgery centers,…

Norton Community Hospital broke ground Friday on a new $25.5 million surgery center, according to a WCYB Tri Cities report.

Hartford (Conn.) Hospital has completed its $27 million acquisition of Constitution Eye Surgery Center in Newington, according to a Hartford Business report.

A new outpatient surgery center in Wellesley, Mass., for Newton-Wellesley Hospital is scheduled to open in the early fall, according to a report from the hospital.

West Michigan Surgery Center in Dearborn has filed a letter of intent establish a new ambulatory surgery center, according to a Crain's Detroit Business report (subscription required for access).

A new ambulatory surgery center for Vassar Brothers Medical Center in Poughkeepsie, N.Y., is scheduled to open in May, according to a Mid-Hudson News Network report.

The Naperville (Ill.) Plan Commission has recommended a surgery center and in vitro fertilization clinic to the City Council, according to a Naperville Sun report.

Presbyterian Healthcare in Charlotte, N.C., will perform the first procedure at its new $8.6 million ambulatory surgery center on Feb. 20, according to a Charlotte Business Journal report.

Nueterra has become an owner and manager of an existing joint-venture ambulatory surgery center between Michigan's Beaumont Health System and physician-investors, according to a joint announcement (pdf) from Nueterra and Beaumont Health.

The Greater Bemidji Area Joint Planning Board has approved an expansion for Sanford Health Bemidji, which will include a 24,000-square-foot surgery center, according to a Bemidji Pioneer report.