4 new joint venture ASCs — July/August 2016

Here are four new joint venture ambulatory surgery centers announced or opened in the past couple months.

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Deerfield, Ill.-based Surgical Care Affiliates partnered with Raritan Valley Surgery Center in Somerset, N.J.

Two Spartanburg (S.C.) practices, Upstate Spine & Neurosurgery Center and Orthopaedic Associates, are opening a physician-owned ASC.

Great Neck, N.Y.-based Northwell Health acquired a majority stake in Melville (N.Y.) Surgery Center. Through the acquisition, Northwell will be part of a joint venture including 15 physician owners and Ambulatory Surgical Centers of America.

Regent Surgical Health joint ventured with Beaverton, Ore.-based West End Surgical ASC’s physician affiliates to develop the first ASC in the Northwest region dedicated specifically to performing total joint replacements and treating spine disorder.

More articles on transactions/valuation:
Texas Health Craig Ranch Surgery Center files for nearly $324.5k in equity financing: 4 notes
4 Challenges confronting ASC surgeons
MFC revenue up 4.2%, totals $76.7M in Q2 — 6 key notes

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.

Register to Attend Webinar

Is ambulatory care healthcare’s big margin engine? 4 leaders weigh in

Wednesday, July 29
1:00 PM - 2:00 PM CDT

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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