Acquisitions & expansions kick off the decade — 7 ASC industry notes

Here are seven updates on ASC companies and industry-relevant companies to note:

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Medical facilities in New York could face a new 3 percent fee increase to build a new facility because of a proposal in Gov. Andrew Cuomo’s $178 billion budget.

Augusta (Ga.) University Health acquired a 67 percent stake in the freestanding Surgery Center of Columbia County in Evans, Ga., in October.

Crystal Clinic Orthopaedic Center, a physician-owned hospital network, is expanding its facility in Kent, Ohio.

Chillicothe, Ohio-based Adena Health System signed a letter of intent to acquire Washington Court House, Ohio-based Fayette County Memorial Hospital and its associated assets.

Jacksonville, Fla.-based Baptist Health is building a $200 million, 300,000-square-foot hospital on its campus in Fleming Island, Fla.

ASC manager Regent Surgical Health and the Center for Specialized Surgery in Fort Myers, Fla., have entered into a partnership with Lee Health, a Florida health system with over 100 locations.

Chapel Hill, N.C.-based UNC Health Care’s new medical campus — UNC Health Care Panther Creek — opened Jan. 21 in Cary, N.C.

More articles on surgery centers: 
Physician practice M&A activity declined in Q4 — 3 insights
Medical building with surgery center gets 7 new, renewal leases — 5 insights
Nevada city drops ASC building acquisition to let health system buy it

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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