Kingsport, Tenn.-based Wellmont Health System has acquired Cardiovascular Associates, a 30-physician cardiovascular practice based in Kingsport with six locations, according to a report by the Times-News.
ASC Transactions & Valuation Issues
St. Petersburg, Fla.-based All Children's Hospital received a $2.5 million donation from entrepreneur Bill Edwards to expand therapy and patient education programs at the facility, according to a report in the Tampa Bay Business Journal.
Under CEO Michael Young, Grady Memorial Hospital in Atlanta has reached a positive operating margin for the first time in a decade, according to a report by the Atlanta Journal-Constitution.
Specific characteristics of the area in which an ASC is located can have a direct impact on the ASC's value. Here are seven specific market risk factors and the relative importance ASC operators place on each factor, according to VMG…
Here are multiples paid for minority interest physician-investor redemptions and physician-investor buy-ins for 2007-2008, according to HealthCare Appraisers' Healthcare Transactions 2009 Year in Review.
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Here are the valuation multiple paid and the percentages of respondents that received that multiple for controlling and minority interests in a physician-owned hospital, according to HealthCare Appraisers' Healthcare Transactions 2009 Year in Review.
Kindred Healthcare has released its first-quarter 2010 results, noting a 3 percent increase in hospital admissions from last year, according to a Kindred news release.
Facility risks include an ASC's geographic location as well as the condition, age and replacement needs of the facility and equipment. Here are four facility risk factors and the importance of each factor as rated by ASC operators, according to…
The board of directors of Bluefield Regional Medical Center agreed to sell the hospital to a subsidiary of Tennessee-based Community Health Systems.
Florida’s two-hospital Wuesthoff Health System has signed a nonbinding agreement to be sold to an undisclosed buyer, according to a report by Florida Today. The health system has been dragged down by losses at its 115-bed Wuesthoff Medical Center-Melbourne, according…