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…
ASC Transactions & Valuation Issues
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.
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.
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.
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…
