Christopher Mercier, managing director, and Sean Sullivan, director, lead the healthcare investment banking practice at Duff & Phelps, a global investment banking and financial advisory firm. Mr. Mercier and Mr. Sullivan discuss current trends in healthcare investments, mergers and acquisitions.
ASC Transactions & Valuation Issues
Pocono Health System, based in East Stroudsburg, Pa., has announced its Pocono Ambulatory Surgery Center in Stroudsburg will undergo an expansion that will nearly double the ambulatory surgery center's square footage.
Three ophthalmologists at a Connecticut ambulatory surgery center are under review by state healthcare regulators to confirm whether the surgeons are meeting hospital coverage requirements as stipulated under the agreement which gave the physicians permission to open a freestanding ambulatory…
Rhode Island Governor Lincoln Chafee has expressed his desire to disband the council which oversees the state's certificate of need process, according to a report from The Providence Journal.
Reductions in ASC Private Reimbursements and Flat Revenue Drives New Surgeon and Hospital Alignments
The following article is written by Jeffrey Simmons, chief development officer for Regent Surgical Health. Reductions in private reimbursements at ASCs and "flat" earnings in revenue are a main cause for new surgeon and hospital alignments It is no secret…
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Jon Vick, president and founder of ASCs Inc., which advises surgery center owners on strategic partnering and joint ventures, says ambulatory surgery centers should take the following five steps before selling their ASC to a hospital.
Regent Surgical Health has announced it is partnering with Chicago's Swedish Covenant Hospital and 23 physician-partners on a new ambulatory surgery center included in a $55 million expansion of the hospital's medical campus.
Two surgeons who hope to build an ambulatory surgery center in Lockport, N.Y., will soon submit a format request for certificate of need for the project, according to a report from The Buffalo News.
Concord (N.H.) Hospital has received approval from the state to expand and upgrade its day surgery center despite calls for a moratorium on new hospital construction from the state's governor, according to a report from The Telegraph.
Christopher Holden, CEO of AmSurg, discusses the current state of his company and the future of AmSurg and the ambulatory surgery center industry in a Q&A published in The Tennessean.