– Joint-venture Methodist North Surgery Center closing in January
Methodist Le Bonheur Healthcare’s Methodist North Surgery Center closed in January. The health system and surgery center are both in Memphis, Tenn.
– Laser Spine Institute shuts its doors, closes 3 ASCs
Laser Spine Institute closed three surgical centers and reduced its operating cost structure in the six months before its closure in March.
– Ohio ASC to close, reopen as joint venture
Sandusky, Ohio-based Firelands Regional Medical Center closed its ASC and will reopen it in the fall in collaboration with NOMS Healthcare and Fisher-Titus Medical Center in Norwalk, Ohio.
– Physician buys 2 Illinois ASCs’ assets for $50K after one halts operations
An Illinois partnership shut down Belleville (Ill.) Surgical Center and sold Physicians’ Surgical Center to Shakeel Ahmed, MD, after both Belleville-based facilities lost surgeons to local hospital groups.
More articles on transactions and valuation:
New Hampshire hospital opens 2nd outpatient building in $50M project, 3rd slated for 2020
How ASCs play a role in medical office transactions — 3 insights from an investment director
Surgery Partners CFO: 5 keys for the future — payer partnerships, future acquisitions & more
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.