4 new joint venture ASC deals

Four joint venture ASC deals Becker’s has reported in the last 60 days, including one involving one of New York’s top-rated ASCs:

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1. Mercy Hospital is building a 13,500-square-foot ASC in Durango, Colo. with orthopedic specialists. 

2. Physicians Realty Trust, through a joint venture with Dallas-based MedProperties Realty Advisors, acquired Calko Medical Center in New York City for $81.5 million. The complex includes the Brooklyn Surgery Center, which Newsweek ranked the fourth-best ASC in New York and the top surgery center in Brooklyn.

3. Leawood, Kan.-based ValueHealth partnered with Chillicothe, Ohio-based Great Seal Medical Group to develop several ASCs throughout Ohio and across the upper Midwest region. The joint venture will begin with a multispecialty ASC with orthopedic services powered by ValueHealth’s Muve program, which specializes in providing value-based outpatient total joint replacements.

4. Altoona, Wis.-based Chippewa Valley Orthopedics and Sports Medicine and its partner, physician-owned management and development company Surgical Management Professionals, are building a new clinic and ASC. 

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.

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