Here’s what you should know.
1. Surgery center investors are in the midst of a nearly two year long process to earn a certificate of need.
2. The Vermont Association of Hospitals and Health Systems and St. Albans, Vt.-based Northwestern Medical Center both oppose the project. The organizations believe they would lose revenue if the surgery center comes to fruition.
3. Association of Independent Doctors Executive Director Marni Jameson said the group consulted with the FTC who said opposition to the center was anti-competitive.
4. The association, joined by the FTC, encouraged the board to “decide in favor of increased competition,” according to the VTDigger.
More articles on transactions/valuations:
Pacific Northwest Urology Specialists building new facility with ASC: 4 points
How many ASCs in the 27 certificate-of-need states
2 NY health systems clinically affiliate: 5 notes on their ASC presence, plans moving forward
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.
