5 ASC joint ventures, partnerships in May/June

Here are five ASC joint ventures and partnerships that occurred during May and June 2017.

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St. Paul, Minn.-based HealthEast and Minnesota-based Summit Orthopedics formed a deal that gives HealthEast a minority interest in Summit’s Vadnais Heights (Minn.) Surgery Center.

Surgical Care Affiliates made an equity investment in Danbury-based Western Connecticut Orthopedic Surgery Center, effective May 1. The addition expands SCA’s network to seven surgery centers.

Cleveland Clinic and Jupiter, Fla.-based Rendina Healthcare Real Estate partnered to construct a $32 million, 72,000-square-foot health center in Coral Springs, Fla. The center will include an ASC.

Miami-based Baptist Health South Florida acquired a controlling interest in Sunset, Fla.-based Galloway Surgery Center and in Kendall (Fla.) Endoscopy Center.

Abilene, Texas-based Hendrick Health System dedicated its new surgery center in Brownwood, Texas, on May 12. The center is a joint venture between the health system and Abilene and Brownwood physicians.

More articles on surgery centers:
ASC investors, Vermont hospitals clash again regarding investor meeting with regulators: 5 things to know
Medical Facilities Corp. President and CEO Britt Reynolds departs: 6 things to know
Global ASC market to hit $80.2B this year: 4 things to know

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