6 recent ASC acquisitions — May 2017

Here are six recent ASC acquisitions and partnerships announced in May 2017.

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Alabama-based The Sanders Trust acquired Hagerstown, Md.-based Parkway Professional Center, which includes Parkway Surgery Center, a Surgical Care Affiliates facility.

Great Neck, N.Y.-based Northwell Health formed a clinical affiliation with Syracuse, N.Y.-based Crouse Health. Northwell is acquiring two ASCs through the action.

Miami-based Baptist Health South Florida acquired a controlling interest in Sunset, Fla.-based Galloway Surgery Center and in Kendall (Fla.) Endoscopy Center.

Cleveland Clinic and Jupiter, Fla.-based Rendina Healthcare Real Estate partnered to construct a $32 million, 72,000-square-foot health center in Coral Springs, Fla.

Providence, R.I-based Prospect CharterCare purchased Johnston, R.I.-based Blackstone Valley Surgicare, Rhode Island’s largest freestanding ASC.

Optum’s Surgical Care Affiliates made an equity investment in Danbury-based Western Connecticut Orthopedic Surgery Center, effective May 1.

More articles on transactions/valuations:
Summit Surgery Center opens in Nevada — 3 key notes
Avista acquires National Spine & Pain Centers — 5 key points
Montecito Medical acquires NeuroSpine building with surgery center: 4 points

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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