Baylor Health Care, USPI to Open Joint Venture Surgical Facility
The 82,000-square-foot Baylor Surgical Hospital at Fort Worth will include 30 inpatient beds, a four-bed intensive-care unit and three-bed emergency department. The building will replace Baylor's smaller surgery center, which opened in 1998. An estimated 75 percent of the procedures performed at the new facility will be outpatient.
The facility will be jointly owned by USPI, Baylor and physicians.
USPI is currently partnered with Baylor in more than a dozen projects in Texas.
More Articles on Transactions and Valuation Issues:
Rexford Surgical Institute Expands Beverly Hills Surgery Center
Medical Facilities Corporation Price Target Rises
Consolidation in Healthcare: Should ASCs Join In?
© Copyright ASC COMMUNICATIONS 2016. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.
To receive the latest hospital and health system business and legal news and analysis from Becker's Hospital Review, sign-up for the free Becker's Hospital Review E-weekly by clicking here.
- National Patient Safety Foundation updates Online Patient Safety Curriculum: 6 points
- Kentucky Gov. Matt Bevin wants to transform state's Medicaid program: 7 things to know
- Cloud technology equips the healthcare industry in digital-focused world — 5 observations
- Dr. Wa Xian receives AGA funding for IBD stem cell research: 4 notes
- Vitality Biopharma announces new patent filing for IBD pain relief: 4 notes