ASC Transactions & Valuation Issues

Surgical Care Affiliates has sold Wayland Square Surgicare in Providence, R.I., to Rhode Island Hospital and will continue management of the ambulatory surgery center, according to sources from both organizations.

Medical Facilities Corp. (MFC) has reported its financial results for the fourth quarter and year ended Dec. 31, 2010, highlighted by a 10.9 percent increase in facility service revenue for the quarter and 5.1 percent increase in facility service revenue…

Vail Valley Medical Center, based in Vail, Col., has broken ground on a new ambulatory surgery center in Edwards, Colo., according to a report from the Vail Daily.

Standard & Poor's Rating Services has announced it has assigned a stable rating outlook for Surgery Center Holdings which reflects S&P's expectation of modest EBITDA growth for the company driven by a rebound in volume.

Here are 5 statistics on legal and partnership risk factors in ambulatory surgery centers, according to VMG Health's ValueDriver ASC Survey 2011. In compiling the survey, VMG spoke with leaders of the 20 of the largest ASC management and operating…

Moses Cone Health System, based in Greensboro, N.C., has applied to the state to add a new ambulatory surgery center to its MedCenter High Point (N.C.) facility, according to a report from the News & Record.

Lebanon (Pa.) VA Medical Center has broken ground on a new ambulatory surgery center in Lebanon, according to a report from WGAL-TV.

French Hospital Medical Center, based in San Luis Obispo, Calif., has announced it has become the majority owner of Templeton (Calif.) Surgery Center.

Virtua, based in Marlton, N.J., is building a new ambulatory care center in Vorhees, N.J., which features a surgical center for same-day surgery, according to the Virtua website for the project and a report from the Courier-Post.

Tom Yerden, owner of TRY Health Care Solutions in North Fork, Idaho, offers eight observations about physician-hospital joint ventures.