UMass Memorial, Shields Health Care Group plan freestanding surgery center

UMass Memorial Health Care, based in Worchester, Mass., and Shields Health Care Group, based in Quincy, Mass., plan to open a 40,000-square-foot, freestanding ambulatory surgery center in Shrewsbury, Mass., according to a Telegram report.

Advertisement

The two healthcare groups will open the new center operating as Healthcare Enterprises. The project is not expected to exceed the price of $30 million, according to the report. The facility would be primarily orthopedics driven.

The project is pending, contingent on state and town approvals.

More articles on transactions and valuation issues:
SCA proposes $250M private offering of senior unsecured notes
6 hospitals and health systems planning or opening ASCs – March 5, 2015
New Texas MOB to house surgery center

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.

Advertisement

Next Up in ASC Transactions & Valuation Issues

Advertisement

Comments are closed.