Medical Facilities Corp. reported a 6.5 percent facility revenue increase to $51.4 million from $48.2 million if the first quarter of 2009 due to improved performance at its specialty hospitals, according to a MFC news release.
ASC Transactions & Valuation Issues
Here are four financial and operational risk factors that can have an impact on an ASC's value and the relative importance ASC operators placed on them, according to VMG Health's ValueDriver ASC Risk Assessment Survey.
The American Hospital Association, along with 12 other organizations, has called on federal legislators to permanently extend an expiring bank-qualified debt provision that was in the American Recovery and Reinvestment Act of 2009, according to a report in AHA News…
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.
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.
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.
