Kaledia Health and a group of 22 physicians plan to open the 16,000-square-foot, multispecialty Southtowns Ambulatory Surgery Center in Orchard Park, N.Y., according to a Buffalo Business First report.
The New York State Department of Health has recommended approval for the $2.7 million project. The ASC would include four operating rooms and offer procedures in specialties including orthopedics and gastroenterology.
The proposal has sparked opposition from several neighboring hospitals and health systems, including Catholic Health. Catholic Health projects that the center could cause its facilities to lose anywhere from $3.3 million to $6.5 million a year once the new ASC opens.
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The New York State Department of Health has recommended approval for the $2.7 million project. The ASC would include four operating rooms and offer procedures in specialties including orthopedics and gastroenterology.
The proposal has sparked opposition from several neighboring hospitals and health systems, including Catholic Health. Catholic Health projects that the center could cause its facilities to lose anywhere from $3.3 million to $6.5 million a year once the new ASC opens.
More Articles on Transactions and Valuation Issues:
Shelby Baptist ASC Files CON to Lease Space for Additional Procedure Rooms
Medical Facilities Corp. Operating Profit Soars 16% in 2013
How Does ASC Case Volume Outlook Affect Valuation: 15 Statistics