ASC Transactions & Valuation Issues

A group of surgeons is acquiring a minority ownership stake in an ambulatory surgery center in Cary, N.C., owned by Raleigh, N.C.-based Rex Hospital, according to a report from the Triangle Business Journal.

Nationwide Children's Hospital in Westerville, Ohio, has received approval from the Westerville Planning Commission to build a new ambulatory surgery center on its campus, according to a report from ThisWeek Community Newspapers.

A new ambulatory surgery center has opened in Baytown, Texas, according to a report from The Baytown Sun.

Northstar Healthcare, an owner and manager of ambulatory surgery centers, has announced the syndication of its newly formed operating partnership MicroSurgery Institute (MSI) of Houston.

City planners in Buffalo, N.Y., were provided more details about a proposed $80 million outpatient surgery center on the Buffalo Niagara Medical Campus, according to a Buffalo News report.

Physicians Capital is a Nashville-based lending organization for ambulatory surgery centers, offering loans to physicians seeking buy-in financing. Unlike banks, which typically collateralize physician assets before granting loans, Physicians Capital analyzes the ASC cash flow to determine whether the distributions…

A new bariatric surgery center has opened in Lexington, N.C., according to a report from The Dispatch.

Saul Epstein, co-administrator of ParkCreek Surgery Center in Coconut Creek, Fla., makes four points on how ACOs could affect ambulatory surgery centers.

Hilo (Hawaii) Medical Center has announced it has entered into a joint venture with Hilo Community Surgery Center.

The Sutter Medical Center, Sacramento (Calif.), a Sutter Health affiliate, has announced the opening of a new outpatient surgery center in Sacramento.