ASC Transactions & Valuation Issues

ASCs are seeing more uncertainty than at any time in the last decade. This article provides several observations related to the ASC market.

The 2011 HealthCare Appraisers "2011 Report: A Review of 2010 Trends and Transactions" (downloadable by clicking here (pdf)) covers a wide variety of trends related to U.S. healthcare transactions observed during 2010. This article discusses several key concepts from that…

NorthStar Surgical Center in Lubbock, Texas, has announced it has expanded its services to provide total shoulder, knee and ankle replacement surgeries.

The physicians of North Atlanta Surgical Associates recently announced the opening of the first single-specialty general surgery center in Georgia, according to a practice release.

Texas Retina Associates, based in Dallas, has announced the opening of a second Dallas office, which includes an on-site surgery center.

Southeastern Regional Medical Center in Lumberton, N.C., has announced it has filed a certificate of need application with the state to build a $30 million ambulatory surgery center in Lumberton.

Florida Hospital Orlando is set to open a new surgery center in September, according to a report from Click Orlando, the online publication of WKMG-TV.

Franciscan St. Anthony Health - Crown Point (Ind.) is planning to open a 27,000-squre-foot outpatient surgery center at its Franciscan Point Health Complex in early 2012, according to an NWITimes report.

Medical Facilities Corp. has reported its 2011 second quarter financial results, highlighted by a 6 percent increase in revenue over the second quarter of 2010.

In a webinar titled "The Future of Hospital/Physician ASC Joint Ventures: New Reasons to Partner, New Ownership Models That Work," Jeffrey Simmons, chief development officer, and Michael McKevitt, SVP of business development, discussed current trends impacting hospital/physician surgery center joint…