Eastern Niagara Hospital in Lockport, N.Y., expects to receive contingent approval from the state health department to open a $5.6 million ambulatory surgery center, according to a Buffalo Business First report.
ASC Transactions & Valuation Issues
Dear Reader,The first six months of 2011 have proven to be another interesting time in the ASC and hospital sector.
Brent W. Lambert, MD, founder and CEO of Ambulatory Surgical Centers of America, has been noticing a new trend in recent years. Several small ambulatory surgery center companies with an equity stake in multiple ASCs have approached ASCOA, asking to…
Considering the growing trends of physician employment by hospitals and hospital acquisition and integration of ambulatory surgery centers, seven ambulatory surgery center physician-owners discuss whether they expect to still maintain ownership in an ASC in five years, as well as…
The Surgical Institute of Monroe (Mich.), a new ambulatory surgery center, has recently opened, according a report from The Monroe Evening News.
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Edward Hetrick, president and CEO of Facility Development and Management in Orangeburg, N.Y., outlines three points when an ambulatory surgery center may have to undergo syndication. Syndication involves bringing together physician-partners to create a new business or to reform the…
A new outpatient surgery center for San Juan Island, Wash., is included in development of PeaceHealth's new Peace Island Medical Center, according to a report from the Engineering News-Record.
Kaiser Permanente San Diego has broken ground on a new ambulatory surgery center in San Marcos, Calif., according to a report from The San Diego Union-Tribune.
D.I.S.C. Sports and Spine Center, a Marina del Rey, Calif., orthopedic surgery practice, is set to open a new facility in Newport Beach, Calif., which will include an ambulatory surgery center, according to a report from the Daily Pilot.
Hospitals will increasingly spend their money on the construction of outpatient facilities, as facilities look to ambulatory settings to provide a low-cost care alternative, according to a Crain's New York Business report.