Advocate Health buys $23.4M cardiovascular ASC 

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Charlotte, N.C.-based Advocate Health and Hospitals Corporation has acquired a cardiovascular ambulatory surgery treatment center and outpatient facility in Naperville, Ill., for $23.4 million, according to a June 3 REJournals report. 

The 42,438-square-foot facility was sold by HSG Medical and Capital Healthcare Properties to the Advocate Health subsidiary.

The property was developed by HSG Medical and Capital Healthcare Properties as a redeveloped cardiovascular ambulatory surgery treatment center and outpatient facility. The building serves as an extension of the cardiology program at Downers Grove, Ill.-based Advocate Good Samaritan Hospital and includes a cardiac catheterization operating room, recovery services, cardiovascular specialty offices, primary care, cardiac diagnostics, laboratory and imaging services.

The facility is located within the Freedom Commons mixed-use development in Naperville and was converted from an existing building into a single-story medical facility to support cardiovascular surgery and outpatient care.

At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.

Register to Attend Webinar

Is ambulatory care healthcare’s big margin engine? 4 leaders weigh in

Wednesday, July 29
1:00 PM - 2:00 PM CDT

Presenters: Joe Ganley, athenahealthJeffrey Flynn, CASC, Gramercy Surgery CenterBryan Tsao, Access Center, Loma Linda University HealthJason Zepeda, Northridge Hospital Medical Center, CommonSpirit HealthGreg DeConciliis, PA-C, CASC, Boston Out­Patient Surgical Suites

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