When physician-owners of an ambulatory surgery center partner with a management company or hospital, they forge a long-term bond that would be difficult to undo if circumstances deteriorate, says Kevin McDonough, senior manager in the Dallas office of VMG Health.…
ASC Transactions & Valuation Issues
St. Joseph Mercy Oakland in Pontiac, Mich., has finished construction on the last phase if its $50 million surgery center project, according to a Detroit News report.
Surgical Care Affiliates has announced it has entered into a formal agreement with Moses Cone Health System, Carolina Neurosurgery and Vanguard Brain and Spine, which have purchased an interest in the general partnership that operates the Greensboro (N.C.) Specialty Surgery…
Here are reports on 70 new surgery center projects currently under development or recently completed in 2011, organized alphabetically by state (includes District of Columbia). Note: If you have a surgery center currently under development or which opened in 2011…
The following was written by Jason Ruchaber, CFA, ASA, principal of HealthCare Appraisers. The valuation of a physician practice is one of the more difficult tasks faced by business appraisers. With significant regulatory restrictions, lack of definitive direction for…
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The new State University of New York Downstate Medical Center at Bay Ridge features a new ambulatory surgery center, according to a report from the Brooklyn Daily Eagle.
Pinnacle III has announced the opening of Pine Ridge Surgery Center in Wausau, Wis.
Two hospitals in Alabama have asked the state to require Helen Keller Hospital in Sheffield, Ala., to apply for a certificate of need to operate an existing ambulatory surgery center, according to a report from the TimesDaily.
Travis Air Force Base in Fairfield, Calif., has announced the opening of a new ophthalmology surgery center within the David Grant USAF Medical Center.
2010 saw a significant increase over 2009 in surgery center transactions. During 2010, the pricing of transactions tended to increase from 2009. To learn more about these trends and see examples of pricing seen in various transactions, read ASC Transactions…