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ASC Transactions & Valuation Issues

NovaMed, an operator of ambulatory surgery centers in partnership with physicians, announced yesterday the completion of its merger with Surgery Center Holdings ("Surgery Partners"), according to a Sun Herald report.

Premium Surgery Center in Sheffield Village, Ohio, will become part of Lorain, Ohio-based Mercy Health System, operating at Mercy Premium Surgery Center while plans are made for a move to the system's new campus, according to a Morning Journal report.

Owners of Buffalo (N.Y.) Ambulatory Surgery Center have filed plans with the New York State Department of Health to renovate the second floor and expand a minor surgery room, according to a Buffalo Business First report.

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Boulder (Colo.) Surgery Center, covering orthopedics, sports medicine and pain management, is co-owned by its physicians and 265-bed Boulder Community Hospital. Pinnacle III manages the center. Most of the 21 affiliated physicians are owners of the center, which has three…

Hospitals have two ways to collaborate with physicians for outpatient surgery centers, says Matt Searles, a managing partner at Merritt Healthcare in Somers, N.Y. They can retain their existing HOPD or build a new one, authorizing physicians to manage it…

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