Surgery Partners-Symbion deal to include $5.82M Honolulu Spine Center acquisition
Pacific Business News report.
As a part of the larger $792 million acquisition of Symbion, Surgery Partners will purchase the company's share in the spine center. The $5.82 acquisition is subject to certificate of need approval and will need to be reviewed by the State Health Planning and Development Agency.
The change in ownership is not expected to affect the center's staffing or services. The 7,800-square-foot facility has two operating rooms and a private recovery room.
The Surgery Partners and Symbion merger will give the company the combined strength of approximately 100 facilities and ancillary services in 27 states.
More Articles on Transactions and Valuation Issues:
Development agency approves financial incentive for Westmoreland ASC project
5 recently planned or opened ASCs
AmSurg revenue up 5%: 7 Q2 financial report highlights
© Copyright ASC COMMUNICATIONS 2015. 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.
New From Becker's ASC Review
3 ASCs opened or announced in JanuaryRead Now
- Pain physicians - Beware of your CPA's advice on asset protection: The advice you get may be inaccurate
- President Barack Obama using Oregon Trail to drum-up young health insurance enrollees
- AAAHC accredits the Illinois University Student Health Services
- 15 statistics on ASC hours per case
- ASC by the numbers: 13 statistics