The financing was used to acquire equipment for and make facility improvements to the Surgery Center of Anchorage. The ASC is owned and operated by Regent and 18 area physicians. The opening of the outpatient surgery center was announced in Dec. 2010.
“Regent has worked successfully with members of the Siemens team on a number of debt financings over the past five years,” said Michael Karnes, CFO of Regent Surgical Health, in the release. “Their ability to underwrite both de novo and turnaround situations, to assess the potential for a variety of facilities and to craft creative financing structures makes them good colleagues with whom to do business.”
Read the Siemens news release about financing for the Regent Surgical Health surgery center.
Learn more about Regent Surgical Health.
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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.