1. Kings Row Medical Properties acquired a medical building housing MidJersey Orthopaedics with two ASCs and a physician therapy practice in Bridgewater, N.J., for $10.5 million.
2. A planned ASC in Orlando, Fla., secured $22.5 million in funding from Raleigh, N.C.-based First Citizens Bank.
3. Orange, Calif.-based UCI Health finalized a definitive agreement to acquire Dallas-based Tenet Healthcare’s Pacific Coast Network, which consists of four hospitals and Pacific Endoscopy & Surgery Center in Mountain Valley and Reagan Street Surgery Center in Los Alamitos.
4. Dallas-based Tenet Healthcare, parent company of ASC chain United Surgical Partners International, finalized the sale of three hospitals in South Carolina to Winston-Salem, N.C.-based Novant Health for $2.4 billion. Novant and USPI will also enhance their ASC partnership to increase access to care.
5. Healthcare real estate firm Flagship Healthcare Properties acquired a medical office building leased by Richmond Pediatric Associates and Richmond Pediatric Dentistry & Orthodontics in Mechanicsville, Va., for $5.4 million.
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.