What you should know:
1. Irvine, Calif.-based Hoag entered into a strategic equity partnership with the physician owners of the center Feb. 6. The terms of the transaction were not disclosed.
2. The center’s surgeons already perform a number of orthopedic procedures at the facility.
3. The center will join Hoag’s network of integrated orthopedic and musculoskeletal care practices throughout Southern California.
Hoag President and CEO Jennifer Mitzner spoke highly of the partnership, saying, “We are excited about introducing HOI to the Los Angeles market alongside like-minded medical providers who share our entrepreneurial spirit and philosophy of value-based care with exceptional patient experience and high-quality outcomes.”
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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.