ASC Transactions & Valuation Issues

Oakland Regional Hospital in Southfield, Mich., has opened a new foot and ankle surgery center in the hospital, according to a Crain's Detroit Business report and an Oakland Regional Hospital news release (pdf).

A new surgery center is scheduled to open on the medical campus of Mount Carmel New Albany Surgical Hospital in New Albany, Ohio, this fall, according to a blog entry on the website of OrthoNeuro, a physician group that will…

Sentara Potomac Hospital, based in Woodbridge, Vir., is seeking permission from the Virginia Health Department to relocate an operating room from its hospital to a new surgery center in Lake Ridge, Vir., according to a Washington Business Journal report.

St. Edward Mercy Health System, based in Fort Smith, Ark., and a member of St. Louis-based Sisters of Mercy, plans to open a new orthopedic surgery center in Fort Smith, according to a The City Wire report.

AmSurg Corp. has announced it and National Surgical Care have signed a revised agreement under which AmSurg will acquire NSC for $135 million in cash, down from the $173.5 million in cash amount announced in April, according to a Wall…

The Surgery Center of Silverdale (Wash.) is set to expand, according to a news release from Tim Ryan Construction, which was awarded the construction contract for the expansion.

South Central Regional Medical Center, based in Laurel, Miss., has broken ground on a new cosmetic and plastic surgery center and new dermatology clinic in Laurel, according to a Laurel Leader-Call report.

The following article is written by Curtis H. Bernstein, CPA/ABV, ASA, CVA, MBA, director of valuation services for Sinaiko Healthcare Consulting. Like surgery center management companies, hospitals are restricted from paying above fair market value for a surgery center under…

The following is written by Vivek Taparia, director of business development for Regent Surgical Health.   Less than a year ago, I went through the first-time home buyer purchasing experience. As is probably the case for many first-time home buyers,…

ASCs are seeing more uncertainty than at any time in the last decade. This article provides several observations related to the ASC market.