Medical Facilities Corporation completed the sale of The Surgery Center of Newport Coast in Newport Beach, Calif.
The ASC was sold for $1.5 million to Newport Center GK, according to a Feb. 2 news release.
The company also sold 64% interest in Oklahoma Spine Hospital to SSM Health Care of Oklahoma. The $46 million transaction gave SSM and physician partners acquired 55.5% and 8.45% of equity securities, respectively.
At the Becker's 23rd Annual Spine, Orthopedic and Pain Management-Driven ASC + The Future of Spine Conference, taking place June 11-13 in Chicago, spine surgeons, orthopedic leaders and ASC executives will come together to explore minimally invasive techniques, ASC growth strategies and innovations shaping the future of outpatient spine care. Apply for complimentary registration now.
