4 new joint-venture ASCs — May 2019

Here are four joint-venture ASCs opened or announced in May:

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Toronto-based Medical Facilities Corp. and Leawood, Kan.-based NueHealth partnered with St. Luke’s Hospital in Chesterfield, Mo., to develop a new ASC.

Raleigh, N.C.-based Compass Surgical Partners and a group of local surgeons gained clearance to build a multispecialty ASC in Winston-Salem, N.C.

Albuquerque, N.M.-based providers Presbyterian Hospital and New Mexico Orthopaedics are partnering to open a surgical center.

Suffolk, Va.-based Lakeview Medical Center, Chesapeake, Va.-based Bayview Physicians Group, and Suffolk-based Sports Medicine and Orthopaedic Center are building a $14 million medical office building and ASC.

More articles on transactions/valuation:
Pennsylvania’s $12.5M tax on ASCs could cause dozens to close, lawmaker says — 5 key points
Novant Health makes $1.8B impact with network of outpatient facilities, medical centers
Vermont Gov. signs ASC licensure bill into law — 5 key details

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.

Register to Attend Webinar

Is ambulatory care healthcare’s big margin engine? 4 leaders weigh in

Wednesday, July 29
1:00 PM - 2:00 PM CDT

Presenters: Joe Ganley, athenahealthJeffrey Flynn, CASC, Gramercy Surgery CenterBryan Tsao, Access Center, Loma Linda University HealthJason Zepeda, Northridge Hospital Medical Center, CommonSpirit HealthGreg DeConciliis, PA-C, CASC, Boston Out­Patient Surgical Suites

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