Northstar increased its equity ownership in Microsurgery Institute from 25 percent to 50 percent. Donald Kramer, CEO of Northstar, stated, “We’re very excited about the re-syndication of our Dallas center. Several well-respected Dallas surgeons are performing cases at Microsurgery Institute, and this agreement will position Microsurgery Institute to recruit new member-physicians.”
Northstar partners with physicians in the ownership and management of ambulatory facilities and healthcare services. The company owns and manages interest in three ambulatory surgery centers in Texas.
Related Articles on Transactions and Valuation:
Wake Forest Baptist Medical Center’s Proposed $38.7M ASC Remains in Limbo
Maryland Proposes Steep Licensing Fee Increase for Surgery Centers
New Life Center for Bariatric Surgery Relocates in Knoxville
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.