ASC Transactions & Valuation Issues

Here are 10 recent reports on surgery center transactions and projects involving hospitals and health systems. Note: Clicking a story link will open the report in a new tab.   1. Tennessee Health System to Acquire Remaining Share of Chattanooga…

Erlanger Health System, based in Chattanooga, Tenn., a majority owner of Plaza Surgery Center in Chattanooga, will acquire the remaining share of the surgery center from physicians, according to a The Chattanoogan report.

An ambulatory surgery center is included in the new Center for Orthopedics, Spine and Sports Medicine in Hingham, Mass., which celebrated its grand opening on Sept. 15, according to a Boston/SF News report.

Wilford Hall Medical Center, located on the grounds of Lackland Air Force Base in San Antonio, has been renamed Wilford Hall Ambulatory Surgical Center, according to an Air Force report.

A proposed ambulatory surgery center in Franklin Lakes, N.J., is one step closer to becoming a reality after the ASC developer reached an agreement with his neighbors, according to a Franklin Lakes/Oakland Suburban News report.

Saint Francis Healthcare System, based Cape Girardeau, Mo., has acquired a majority interest in Physicians Alliance Surgery Center in Cape Girardeau, according to a Southeast Missourian report.

First Surgical Partners, a company that provides non-emergency surgeries through its two ambulatory surgery centers and a general acute-care hospital, has provided an update on its current operations, according to a MarketWatch report.

Crossroads Ambulatory Surgery Center in Brownstown, Pa., has closed its doors because of limited case volume, according to a Penn Live report.

Eastern Niagara Hospital in Lockport, N.Y., has received approval from the state health department to open a $5.6 million ambulatory surgery center in Lockport, according to a Buffalo News report.

Meridian Surgical Partners has announced it has opened Zachary (La.) Surgical Center, according to a news release from Meridian Surgical Partners.