SCA, The CORE Institute & independent physicians partner to open surgical hospital: 5 things to know

Surgical Care Affiliates, The CORE Institute and six independent physicians have partnered to open a surgical hospital in Phoenix. Here are five things to know about the partnership and project.

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1. The new specialty center will be named The CORE Institute Specialty Hospital. The hospital will be staffed by orthopedic surgeons who specialize in joint replacement, spine care, pain management, podiatry and more.

2. “The CORE Institute is pleased to join forces with SCA to continue to transform the delivery of healthcare,” said Chairman and CEO David J. Jacofsky, MD. “Both organizations have outcomes with data that speaks for itself and through this strategic partnership, we are able to expand our standardized care approach, proprietary quality and IT platforms, and replicate these proven outcomes nationally.”

3. The partnership aims to create a national model for specialty centers. SCA and The CORE Institute plan to expand their partnership on the national and local level.

4. Eric Tomlon will serve as interim CEO of the hospital. He is also the COO of The CORE Institute’s national hospital and service line management division. “The community will benefit tremendously from this partnership between The CORE Institute, SCA and local physicians, and the incredible patient care our physicians and employees will proudly deliver,” said Mr. Tomlon.

5. The hospital is now open under its new governance and ownership. The hospital aims to have a new master facility plan and upgrade in 2015.

More articles on transactions and valuation issues:
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6 hospitals, health systems planning or opening ASCs – March 5, 2015

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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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