6 recent ASC acquisitions & partnerships — February 2018

Here are six recent ASC acquisitions and partnerships announced in February 2018.

Advertisement

Medical Facilities Corp. completed its acquisition of seven ASCs for $46.5 million through its joint venture with Leawood, Kan.-based NueHealth.

Jefferson Health, Rothman Institute, NueHealth and several Philadelphia physicians formed a joint venture to open the $17 million, 22,000-square-foot Jefferson Surgery Center in Cherry Hill (N.J.).

Eighteen local physicians, Providence-based Oregon Region and SCA will break ground on an ASC in April in Portland, Ore.

Roslyn, N.Y.-based St. Francis Hospital of Catholic Health Services of Long Island partnered with Westchester, Ill.-based Regent Surgical Health to open the East Hills (N.Y.) Surgery Center.

Hurst, Texas-based Cook Children’s Northeast Hospital will close as a hospital April 20, and become an ASC soon thereafter. Cook Children’s, NueHealth and physician investors will open the ASC.

Little Rock, Ark.-based Pain Treatment Centers of America purchased Little Rock-based Arkansas Surgery & Endoscopy Center for $3.4 million.

More articles on transactions/valuations:
11 ASC quality statistics for Q3 2017
Surgery Partners to focus on value creation in 2018: 5 quotes from CEO Wayne DeVeydt
49% of anesthesiologists take more than 3 weeks of vacation and 4 other statistics

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

Advertisement

Next Up in ASC Transactions & Valuation Issues

Advertisement

Comments are closed.