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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.

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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…

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…

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