3 new joint venture ASCs — December 2018/January 2019

Here are three joint venture ASCs opened or announced in the past couple of months:

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Melrose, Mass.-based Melrose-Wakefield Healthcare received state approval to build a $16 million ASC at Medford, Mass.-based Lawrence Memorial Hospital. The ASC is a joint venture between Melrose-Wakefield and Worcester, Mass.-based Shields Health Care.

Anchor Health Properties acquired an 80,000-square-foot medical office building through a joint venture with Greenville (S.C.) Health System and Greenville-based Internal Medicine Associates.

Chicago-based Rush University Medical Center cut the ribbon on its $65 million, 100,000-square-foot medical professional building in Oak Brook, Ill., Dec. 11. The facility is a joint venture between Rush and Midwest Orthopaedics at Rush.

More articles on transactions/valuation:
California Retina Associates forms new entity through partnership — 3 insights
Surgery center reopens after closing in August: 3 details
The outlook is bright for orthopedic investments, analyst says: 4 things to know

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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