Tucson (Ariz.) Orthopaedic Surgery Center has been acquired by Tucson Medical Center, according to a report from the Arizona Daily Star.
ASC Transactions & Valuation Issues
United Surgical Partners International has announced results for its second quarter ending June 30, with the company reporting an increase in consolidated net revenues of 6 percent to $151.1 and an increase in EBITDA (less noncontrolling interests) of $600,000 to…
Scott Becker, JD, CPA, is a partner at McGuireWoods in Chicago. Q: During the Aug. 2 webinar on "ASCs: the State of the Industry; Consolidation vs. Independent; How to Work With Service Providers; ACOs and Healthcare Reform," you stated…
An Alaska ambulatory surgery center owned and operated by Regent Surgical Health has received $5.7 million in financing from Siemens Financial Services, according to a news release from Siemens.
Approximately 20 percent of surgery centers are currently in a relationship with a hospital, and the number is only expected to grow as ASCs seek higher reimbursement, capital for expansion and support for implementing changes through healthcare reform. Despite the…
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Here are reports on 10 new surgery centers that were opened, announced or broke ground in July. Note: Clicking a link will open the report in a new tab.
In April 2010, the Roanoke Orthopaedic Center, the largest independent orthopedic group in Southwest Virginia, merged with the Roanoke-based Carilion Clinic. ROC had approached Carilion Health System about a possible merger several years earlier after the hospital-based physician group converted…
Comprehensive Pain & Rehabilitation, with clinics located in Daphne, Ala., and Pascagoula, Miss., has announced the opening of a new ambulatory surgery center in Pascagoula.
American Spine Center, based in Frederick, Md., has announced the opening of a new spine ambulatory surgery center in Frederick.
Symbion has entered into a new partnership with Great Falls (Mont.) Clinic, according to a report from the Great Falls Tribune and a news release from Symbion.