Update: Cape Cod Healthcare has acquired Bayside Surgical Center. Read about the acquisition by clicking here.Falmouth (Mass.) Hospital is close to acquiring physician-owned Bayside Surgery Center in North Falmouth, according to a Cape Cod Times report.
ASC Transactions & Valuation Issues
Surgicare of Hawaii, a joint-venture project between Surgical Care Affiliates, Hawaii Pacific Health Partners and Honolulu Surgery Center, has opened, according to ABC's KITV.
A new surgery center has opened in the Lourdes Medical Center in Pasco, Wash., according to reports by KNDO/KNDU and the Tri-City Herald.
Surgical Care Affiliates has announced it has entered into an agreement with Saint Joseph Health System and Catholic Health Initiatives surrounding the Lexington (Ky.) Surgery Center.
Scott Becker, JD, CPA, is a healthcare attorney and a partner in the national law firm of McGuireWoods.Q: I am interested to hear about the most common ways ASCs determine and distribute the ASC facility profits among owners. Do owners…
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Scott Becker, JD, CPA, is a healthcare attorney and a partner in the national law firm of McGuireWoods.Q: What are the most common ways ASCs determine and distribute the ASC facility profits among owners — do owners buy/have shares and…
At a time when stocks and real estate prices are falling, an avenue still exists for physician-owners of an ASC to carry out estate planning, says David J. Shuffler, director of client services at the Practice Valuation Group in Asheville,…
Scott Becker, JD, CPA, is a healthcare attorney and a partner in the national law firm of McGuireWoods. Q: Should my ASC be owned by the same corporation as my practice?
Hospitals and health systems are constantly refining their strategies based on changes in market dynamics. While these dynamics can include varying factors from changes in market competition to introduction of new medical technologies, perhaps nothing impacts the need for a…
Jay Rom, president of finance for Blue Chip Surgical Center Partners, explains how the company selects surgery centers to acquire, co-own and manage, and what steps it takes to turn them around.