Medical West owns 78 percent of the ASC, while 17 physician investors own the remaining 22 percent.
Medical West’s CEO Tom McDougal said he wants to decide on the ASC’s ownership in the next 60 days, according to the report.
Read the Birmingham Business Journal report on Medical West ASC. (Paid subscription required for full article)
Read about recent ASC transactions:
– Upstate New York Hospital Targets ASC for Takeover
– Three Surgery Center Applications Denied for Virginia’s Isle of Wight County
– Washington’s Rockwood Clinic to Merge ASC Into Deaconess Medical 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.