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ASC Transactions & Valuation Issues

A certificate of need application by Mission Hospital, based in Asheville, N.C., to relocate an endoscopy unit to a new outpatient center has been denied by state regulators, according to an Asheville Citizen-Times report.

Capital Health, based in Trenton, N.J., has raised $5.2 million in an equity offering for a new ambulatory surgery center in Hopewell, N.J., according to a Citybizlist Philadelphia report.

At a time when some physician-owners of surgery centers are entering hospital employment or contemplate retirement, there may not be enough physician-investors to take their place, some officials at ASC management companies say.  

Ambulatory Alliances, a business brokerage and investment banking firm serving ambulatory surgery centers, has announced the sale of the NewHope Dallas surgery center to a strategic buyer, according to a news release.

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Here are reports on 13 new surgery centers that were opened, announced or broke ground in August. Note: Clicking a link will open the report in a new tab.

In a panel session on Aug. 16 at the annual conference of the Association of Staff Physician Recruiters in Chicago, Scott Shipman, MD, director of healthcare affairs, the Association of American Medical Colleges, and a researcher at the Dartmouth Institute…

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