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ASC Transactions & Valuation Issues

A new ambulatory surgery center will be included in a new medical complex under development in Riverside, Calif., according to a March HealthCare Development news release (pdf).

A new committee has been formed in North Carolina to examine the state's certificate of need laws, according to a North Carolina Healthcare Report column and a news release from Rep. John Torbett (pdf).

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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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