Here’s what you should know:
1. Navicare is buying ZirMed for $750 million.
2. The approximately 300 private ZirMed shareholders received cash for their stake and will own no part of the combined company.
3. The new company will provide revenue cycle technology to approximately 400,000 providers and healthcare organizations.
4. The companies will retain branding until the deal closes, potentially in the fourth quarter of fiscal year 2017.
5. ZirMed began a competitive bidding process in May 2017, as executives looked to sell the company.
More articles on improving performance:
Anthem policy drives outpatient imaging services out of hospital-owned facilities; will other services follow?
Who is the physician who worked with Madonna to open Malawi surgery center?: 5 key points
ASC leader to know: Steve Cornelius of Meridian Surgical Partners
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.
