Surgical Care Affiliates has announced it has entered in a joint-venture agreement with West Coast Endoscopy Center in Clearwater, Fla.
ASC Transactions & Valuation Issues
Processes and requirements of feasibility studies have evolved due to changes in bank underwriting requirements and institutional investor knowledge, says David Thoene, managing member of Medical Surgical Partners. He provides eight facets of a feasibility study.
HealthCare Appraisers ahs announced the opening of a new office in Wayne, Pa., located near Philadelphia.
Kevin McDonough, senior manager at the Dallas office of VMG Health, makes nine points on transactions and valuations of ambulatory surgery centers.
As of 2006, the most common ownership structure of an ASC was 100 percent physician-owned (61 percent of ASCs), followed by hospital/physician-owned (16 percent of ASCs) and corporation/physician-owned (11 percent of ASCs), according to data provided by VMG Health in…
Jon Vick, president of ASCs Inc., shares his predictions for ASCs in the next 6-12 months.
Here are five things to know about ASC debt guarantees and related fees for ASCs, according to HealthCare Appraisers' 2010 ASC Valuation Survey, which includes responses from 17 organizations representing over 500 surgery centers throughout the country.
Aurora Health Care in Milwaukee, Wis., plans to build an ASC in Wauwatosa, Wis., which would place the facility only a few miles from a competing surgery center, according to The Business Journal of Milwaukee.
Developers who proposed an ASC in Salem, Va., are putting the project on hold after Lewis-Gale Medical Center, also in Salem, indicated it would oppose the plans, according to a report in The Roanoke Times.
Novant Health has received a certificate of need to build an ASC in Holly Springs, N.C., according to reports in The News & Observer and Triangle Business Journal.
