The key details to know:
1. Medical Director Les Schwendeman, MD, said cost-saving initiatives within the healthcare industry, coupled with elderly patients staying more active and fit, has reduced the need for procedures to be done in hospitals.
2. The new ASC will be 13,000 square feet, with private orthopedic suites for patients.
3. The Orthopaedic Surgery Center began formulating plans for a new center four years ago.
More articles on transactions and valuation:
Class action suits look for answers after Laser Spine Institute’s abrupt closure — 7 insights
6 recent ASC acquisitions & partnerships — February 2019
Fountain Valley Regional Hospital & Medical Center opens outpatient surgery center — 4 insights
