6 recent ASC acquisitions & partnerships — February 2019

Here are six ASC acquisitions and partnerships announced in February 2019:

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Germantown, Tenn.-based West Cancer Center purchased a building previously owned by Memphis, Tenn.-based Methodist Le Bonheur — which includes a surgery center — after the groups ended their operating partnership.

Belleville (Ill.) Surgical Center is seeking state permission to sell its two surgery centers in response to declining patient volumes. Belleville Surgical Center closed Physicians’ Surgical Center and Belleville Surgical Center in mid-2018.

Towson, Md.-based SurgCenter Development formed its 200th ASC partnership with SurgCenter of Clearwater (Fla.).

Healthcare Realty Trust acquired $37 million in properties in the fourth quarter of fiscal year 2018, including a $5.1 million surgery center suite.

Tempe, Ariz.-based American Vision Partners created Visage Aesthetics & Plastic Surgery, an oculofacial center brand that can be established in multispecialty ophthalmology practices.

With locations in Little Rock and Bryant, Arkansas Maxillofacial Surgery Center joined the Sarasota, Fla.-based Dental Care Alliance.

More articles on transactions/valuation:
SurgCenter Development forms 200th ASC partnership — Company in ‘full-growth mode’
Illinois community may benefit from ASC, OSF Regional Vice President says — 3 insights
How Southern California Orthopedic Institute shifted total joints to ASCs using bundled payments — 5 insights

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.

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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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