A new ASC for Corcoran (Calif.) District Hospital will receive $12 million in funding from the American Recovery and Reinvestment Act, according to a news release from the United States Department of Agriculture.
ASC Transactions & Valuation Issues
Cape Cod Healthcare, based in Falmouth, Mass., has announced it has acquired physician-owned Bayside Surgical Center in North Falmouth.
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…
ASCOA CEO Luke M. Lambert discusses three current trends impacting surgery center transactions.
The three most important specialties to ASCs are orthopedics, ophthalmology and gastroenterology, based on case volume and revenue statistics. Many of these specialties can still excel in group practice due in part to significant control over the generation of their…
Advertisement
Winchester (Mass.) Hospital has received a special permit from the Zoning Board of Appeals to build a 31,200-square-foot surgery center, according to a report by the Winchester Star.
Here are 18 reports on ASC transactions — openings, joint ventures, acquisitions, certificate of need applications, partnerships, new projects and construction — which were highlighted in September. Coverage begins with the most recent report and moves back through the month.
Christus Santa Rosa Health System in San Antonio, Texas, will convert one of its ASCs to a surgical hospital and contract with a physician-owned company to co-manage the facility, according to a report by the San Antonio Express News and…
Swedish Health Services in Seattle has received a certificate-of-need to build a five-OR surgery center after the Washington Supreme Court ruled the state's department of health appropriately determined there was a need for such a facility, according to a copy…
NovaMed has announced its majority-owned Downtown Surgery Center in Orlando, Fla., has acquired a multi-specialty ASC in the market.