The group — Kahtnu Ventures — applied to build an $8 million, 8,365-square-foot outpatient surgical center but its application was denied because of “untimely submission of information,” according to earlier reports.
The application caught the attention of Central Peninsula Hospital, based in Soldotna, Alaska. The hospital’s CEO at the time said if the ASC was approved, it could significantly impact the hospital’s outpatient surgery volume and the profits that come from the procedures.
Kahtnu Ventures is now in discussions with the hospital about developing a working relationship in hopes of still achieving its goal of opening a new ASC.
Related Articles on ASC Transactions:
Orlando Surgery Center Included in Hospital Affiliate Acquisition of Urology Group
Mercy Health to Acquire, Convert Cincinnati Surgery Center
Health Inventures Opens New CT Joint-Venture Surgery Center
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.
