Flagship purchased the building from a family partnership for an undisclosed amount. OrthoCarolina leases 32,522 square feet of the building, while Frye Surgery Center leases 12,868 square feet.
Physicians at Frye Surgery Center specialize in orthopedics, oncology, gynecology and neurosurgery. The ASC has four operating rooms.
More articles on transactions & valuations:
ASCs to witness growth, provider shortages in next 10 years — 4 projections
Illinois eye ASC plans ownership change pursuant to merger: 4 insights
Washington health system to close hospital, migrate care to surgery centers — 3 insights
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.
