ASC Transactions & Valuation Issues

South Bend, Ind.-based Memorial Health Systems presented plans for a 50,000-square- foot, $18 million outpatient clinic to the Valparaiso Site Review Committee on Tuesday, according to a NWI Times report.

Tri-State Surgery Center, located in Dubuque, Iowa, is a physician/hospital joint-venture ambulatory surgery center. The ASC is managed by Health Inventures. It is a multi-specialty facility with three ORs, two GI suites and on track to do about 5,000 cases…

Georgia's Gwinnett Medical Center has announced the opening of a new orthopedic surgery center in Johns Creek, Ga.

Kettering (Ohio) Medical Center has opened a new surgery center, according to a report from WDTN.

Sibley Memorial Hospital, based in Washington, D.C., has announced the opening of a new ambulatory surgery center.

The planning board of Franklin Lakes, N.J., asked the developer of a 16,000-square-foot ambulatory surgery center to re-start his application to the board following "tainted" testimony, according to a Franklin Lakes Patch report.

Novant Health recently announced plans to create a 35,000-square-foot, $23 million medical campus with an emergency department, outpatient surgery center and specialty medical offices in Clemmons, N.C., according to a WXII12 report.

Eastern Long Island Hospital in New York is moving forward with plans for a $2 million expansion of its ambulatory surgical unit, following rapid growth in the hospital's number of outpatient surgeries, according to a Suffolk Times report.

NovaMed, an operator of ambulatory surgery centers in partnership with physicians, announced yesterday the completion of its merger with Surgery Center Holdings ("Surgery Partners"), according to a Sun Herald report.

The town council of Cherokee, Ala., voted Tuesday to support the addition of an ambulatory surgery center at Helen Keller Hospital in Sheffield, Ala., according to a Times Daily report.