Here are five ASCs or outpatient surgery centers opened or announced in the past year that have cost $10 million or more.

The physician who purchased San Francisco's Nob Hill Theater plans to raze it and replace it with a five-story medical building, SocketSite reports.

Parkview Health System is building a new ASC in Fort Wayne, Ind., according to the Journal Gazette.

A $25 million gift is funding a new ASC and Medical Arts Pavilion at Boca Raton (Fla.) Regional Hospital, according to the South Florida Business Journal.

Portland, Maine-based Northern Light Mercy Hospital is beginning the review process for the second phase of its campus relocation project, the Portland Forecaster reports.

An outpatient surgery center is being built in Buckeye, Ariz., according to Suzanne Boyles, the city's economic development manager.

Orthopedic Associates of Hartford (Conn.) aims to offer enhanced outpatient surgical care at its new $30 million facility, according to commercial real estate firm Colliers International.

Missoula (Mont.) Bone and Joint opened its surgery center Dec. 2, which will allow physicians to perform another 1,000 surgeries annually, The Missoulian reports.

Atlanta-based Northside Hospital wants to build a 22,500-square-foot surgery center inside its Braselton, Ga., location, The Gainesville Times reports.

Muve Health's Lakeway (Texas) Surgery Center was recently renovated, according to construction company Triangle Construction.

Here are 24 ASCs that were opened or announced last month:

St. Francis Regional Medical Center in Shakopee, Minn., dedicated $44 million to build a new surgery center and expand its emergency room and cancer center, the Minneapolis StarTribune reports.

White Plains (N.Y.) Hospital plans to offer ambulatory surgical services at a proposed $10.1 million clinic, according to Crain's New York Business.

Cincinnati-based Christ Hospital Health Network abandoned plans to build an ASC on the land of a former motel in Fort Mitchell, Ky., Nov. 26, Cincinnati.com reports.

Healthcare development and management company Hillcrest Capital Partners plans to develop and operate 15 Michigan surgery centers with physician investors by the end of 2020, Crain's Detroit Business reports.

The University of Illinois Chicago Department of Pediatric Dentistry received a $10,000 grant that will help fund expanded services at a new ASC, the Daily Herald reports.

Healthcare costs in the United States have hit $3.5 trillion per year, equating to $15,000 per year for every man, woman and child in the nation. The average costs for surgical services exceed $700 billion per year. As the healthcare industry attempts to lower these statistics by implementing value-based medicine, more procedures are driven to the lower cost ASC setting. As a result, patient volume in hospital outpatient departments is dramatically decreasing.

Atlanta-based Grady Health System is spending $231.3 million to build a medical office building with an ASC and expand an AIDS and HIV treatment center, The Atlanta Journal-Constitution reports.

The Center for Advanced Healthcare at Brownwood will feature an ASC and more than 25 outpatient specialties, according to The Villages Daily Sun.

Houston ASC in Georgia submitted a letter of intent to the Georgia Department of Community Health for a multispecialty ASC.