Northstar purchased the ownership interests for a total of $1.4 million, comprised of $0.9 million and 431,711 shares of company stock.
With this acquisition, Northstar will work with 19 physician partners in the facilities.
The acquisition was completed through Northstar’s newly created subsidiary Northstar Healthcare Northwest Management.
More Articles on Transactions and Valuation Issues:
Southwestern Medical Center Breaks Ground on $4.5M Surgery Center
ASC Management & Development Companies: A Growing Market Power?
6 Statistics on Surgery Center Revenue by Case Volume
At the Becker's 23rd Annual Spine, Orthopedic and Pain Management-Driven ASC + The Future of Spine Conference, taking place June 11-13 in Chicago, spine surgeons, orthopedic leaders and ASC executives will come together to explore minimally invasive techniques, ASC growth strategies and innovations shaping the future of outpatient spine care. Apply for complimentary registration now.
