ASC Transactions & Valuation Issues

Pedro Vergne-Marini, MD, managing member of Physicians Capital Investments discusses five considerations for physicians when deciding whether to invest in a new surgery center.

NovaMed, an operator of ambulatory surgery centers in partnership with physicians, has scheduled a special meeting of its stockholders for May 4, 2011, to consider and approve a merger with Surgery Partners, according to a Sun Herald report.

Northwestern Lake Forest (Ill.) Hospital is set to open a new outpatient surgery center in Grayslake, according to a report from the Lake County News-Sun.

A group of physicians have applied for a certificate of need to build a new ambulatory surgery center specializing in endoscopy in Honolulu, according to a report from the Pacific Business News.

Wake Forest Baptist Medical Center, based in Winston-Salem, N.C., intends to appeal a denied certificate-of-need application for a new ambulatory surgery center in Clemmons, N.C., according to a report from The Business Journal.

In just the past few months, there has been a significant number of high profile ambulatory surgery center transactions, including the announced acquisitions of National Surgical Care by AmSurg, Foundation HealthCare and NovaMed. Kevin McDonough, senior manager at VMG Health,…

The Red Hills Surgical Center, a joint-venture ambulatory surgery center between Tallahassee Memorial Hospital and 35 local physicians, has opened, according to a news release from the hospital.

North Carolina's Moses Cone Health System is looking to move three operating rooms from its Greensboro facilities to Triad Surgery Center, the new, 12,000-square-foot center planned for MedCenter High Point (N.C.), according to a MyFOX8 report.

Minimally Invasive Spine Institute has announced the opening of a new ambulatory surgery center and outpatient clinic at the Minimally Invasive Spine Institute Health Campus in Dallas, according to a news release.

Jim Stilley, CEO of Northwest Michigan Surgery Center in Traverse City, Mich., has enjoyed a great relationship with his center's hospital partner for the last six years, benefiting from strategic input, cheaper supplies and help from the hospital's many available…