Here’s what you should know:
1. The systems’ boards signed a letter of intent Oct. 1 to combine and form the biggest health system in Texas.
2. Eric Johnson, a national director at real estate company Transwestern believes the systems will develop new ASCs and micro-hospitals presence.
3. Both systems are affiliated with Addison, Texas-based United Surgical Partners International, which manages their ASC presence.
4. Mr. Johnson said the merger will strengthen both systems. He said, “These two systems have been forward-thinking and are aligned in quality of physicians, facilities and reputation. I do not expect to see much attrition due to this acquisition. In fact, it should help them compete better overall.”
More articles on transactions/valuation:
Wrong-site nerve blocks are 10x more common than wrong-site surgeries — 5 takeaways
Own an anesthesia practice? Tony Mira urges caution when expanding endoscopy services
MiraMed companies exhibit at AHIMA Convention & Exhibit — 3 details
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.
