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.”
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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.