Centra Ambulatory Surgery has been denied a certificate of public need to build two outpatient ORs in Danville, Vir., according to a report by the Danville Register & Bee.
ASC Transactions & Valuation Issues
Ophthalmologists have broken ground on a new ASC in Rome, N.Y., a collaborative project between the physicians and Rome Memorial Hospital, according to a news release from the hospital.
Here are stories about 20 new surgery centers which opened or were announced in October.
NovaMed has reported its third quarter earnings, with net income from continuing operations beating estimates and the company reporting an increase in total net revenue for the quarter over the prior year third quarter, according to industry reports and a…
Paramount Surgery Center of Mesa (Ariz.) has been acquired by a joint venture between not-for-profit Scottsdale (Ariz.) Healthcare and Sovereign Healthcare, a privately held ASC management company based in Orange County, Calif., according to a news release.
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The Alaska Industrial Development and Export Authority has approved up to $17 million in bonds for construction of a new ASC in Fairbanks, according to a report from the Anchorage Daily News and documentation from the AIDEA.
Work has begun on a new surgery center in Monroe Township, Mich., which is expected to open in March 2011, according to a report by The Monroe Evening News.
Willow Creek Surgery Center has opened in Palestine, Texas, according to a report in the Palestine Herald-Press.
AmSurg Corp. has announced its financial results for the third quarter, with profits declining over the same period last year but beating estimates, according to a company news release and news reports.
ASCs have the option of partnering with either a corporate partners or a hospital to secure a more financially stable position in the ASC marketplace. However, the two options are significantly different and offer varying benefits to ASC owners. Jon…