Atlantic Health System acquires stake in ASC

Morristown, N.J.-based Atlantic Health System acquired a medical office building in Bridgewater, N.J., and expanded on a joint venture with Hunterdon Healthcare to take a stake in an existing surgery center, Patch reports.

Advertisement

Atlantic Health System plans to remodel the building, which formerly was a bank, to suit its needs. The health system expects to move into the space in the first quarter of 2021.

Additionally, Atlantic expanded its joint venture with Flemington, N.J.-based Hunterdon Healthcare and took an ownership stake in a surgery center and an imaging center on the west side of the building.

More articles on specialty practice:
3 ASC developments worth over $10M
7 critical steps for financial success in your ASC
10 most common procedures in ASCs

At the Becker's 23rd Annual Spine, Orthopedic and Pain Management-Driven ASC + The Future of Spine Conference, taking place June 11-13 in Chicago, spine surgeons, orthopedic leaders and ASC executives will come together to explore minimally invasive techniques, ASC growth strategies and innovations shaping the future of outpatient spine care. Apply for complimentary registration now.

Advertisement

Next Up in ASC Transactions & Valuation Issues

Advertisement

Comments are closed.