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ASC Transactions & Valuation Issues

Disc Sports and Spine Center, a Marina del Rey, Calif., orthopedic surgery practice, is leasing a new space in Newport Beach, Calif., which will include a surgery center, according to a report from the Orange County Business Journal.

When hospitals purchase ASCs from physician-owners and convert them into hospital outpatient departments, they may also set up co-management arrangements with former physician-owners. "The co-management vehicle allows for the development, management, efficiency and quality improvement of the HOPD by rewarding…

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Northstar Healthcare, an owner and manager of ASCs, has reported its third quarter earnings, with net patient service revenue declining over the prior year third quarter, according to a company news release. Northstar Healthcare generated net patient service revenue of…

Robert Wood Johnson University Hospital, based in New Brunswick, N.J., has opened a new outpatient surgery center in New Brunswick, according to MyCentralJersey.com, the combined Website of the Home News Tribune and the Courier News. The new Ambulatory Surgical Pavilion…

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