Vermont cuts ribbon on 1st ASC & more — 9 ASC industry notes

Here are nine updates on ASC companies and industry-relevant companies to note:

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Colchester, Vt.-based Green Mountain Surgery Center lead investor Amy Cooper held a ribbon-cutting for the state’s first ASC March 22,

HCA Healthcare’s West Florida Division in Palm Harbor is extending support to the 1,000-plus employees who lost their jobs when Tampa, Fla.-based Laser Spine Institute discontinued operations March 1.

Sacramento, Calif.-based Sutter Health secured new contracts with Anthem Blue Cross for its 65 hospitals, medical groups and outpatient surgery centers.

ORHub entered into the Midwestern market through signing a new contract with the Metropolis, Ill.-based The Orthopaedic Institute Surgery Center.

An ASC operated by The Villages (Fla.) Regional Hospital has closed due to a lack of specialists. The hospital’s administration plans to evaluate the closure in the fall and potentially reopen the facility if it makes sense.

Toronto, Canada-based Medical Facilities Corp. will pay shareholders a cash dividend of about $0.07 per common share, its 180th consecutive dividend.

Henry Ford Allegiance Health in Jackson, Mich., developed plans for a new outpatient surgery center in Grass Lake, Mich.

HCA Houston Healthcare Cypress Fairbanks is transitioning from a full-service hospital into a freestanding emergency room, effectively immediately.

The Accreditation Association for Ambulatory Health Care is celebrating its 40-year anniversary and is strengthening its accreditation process over the next year. Read more.

More articles on transactions/valuation:
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