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ASC Transactions & Valuation Issues

Upstate University Hospital in Syracuse, N.Y., is in discussions with Harrison Outpatient Surgery Center in downtown Syracuse for a possible takeover, according to The Post-Standard.

Arizona Heart Institute, a physician-owned cardiology group based in Phoenix, signed a letter of intent to merge with Nashville, Tenn.-based Vanguard Health Systems, which operates the five-hospital Abrazo Health Care System in the region.

The president of Upper Allegheny Health System, the parent company of Olean (N.Y.) General Hospital and Bradford (Pa.) Regional Medical Center, said Olean General plans to break ground on a $10.3 million surgery center in the fall, according to a…

The Kaweah Delta Local Healthcare board of directors approved the plans for a 50,000 square-foot medical complex, which will include a surgery center and medical offices, in Visalia, Calif., according to a report in The Valley Voice.

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Mission Health System in Asheville, N.C., and Transylvania Regional Hospital in Brevard, N.C., have approved a memorandum of understanding, putting them one step closer to finalizing the terms of an affiliation agreement, according to a report in The Asheville Citizen-Times.

Florida Gov. Charlie Crist has vetoed nearly $9.7 million in funds for 630-bed Shands at the University of Florida in Gainesville, according to a report by the Gainesville Sun.

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