Envision & ValueHealth grow through the COVID-19 pandemic & more — 10 ASC industry notes

Here are 10 updates on ASC companies and industry-relevant companies to note: 

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Leawood, Kan.-based ValueHealth entered into a surgical joint venture with Doylestown (Pa.) Health, which will grow the health system’s clinical footprint.

Deal-making is on the horizon for KKR, the parent company of Nashville, Tenn.-based Envision Healthcare. Read more. 

Mattoon, Ill.-based Sarah Bush Lincoln Health Center plans to resume elective procedures May 11, splitting them between suites on campus and its newly opened surgery center. 

UPMC Hamot Surgery Center received $145,564 through the Coronavirus Aid, Relief and Economic Security Act and the Paycheck Protection Program.

Norfolk, Va.-based Children’s Hospital of The King’s Daughters will soon resume elective procedures. 

An ophthalmology ASC is being built by Arizona construction firm Integrity Building Corp.

USPI reported surgical cases dropped 28.6 percent in March due to the COVID-19 pandemic, which hit just as the company was reporting accelerated growth. But its centers are beginning to reopen, and USPI has seen around 40 percent of its pre-COVID-19 cases.

Baptist Health Lexington (Ky.) plans to build a $1 billion outpatient surgery and medical campus in Hamburg, Ky., for which it will receive up to $12.7 million in tax breaks over 20 years. 

Thirty-five states have certificate-of-need laws — here’s what they’re doing.

Smith+Nephew entered into a strategic partnership with National Medical Billing Services to provide revenue cycle management solutions to ASCs across the U.S.

More articles on surgery centers:
Life after ramp-up: How COVID-19 will change ASCs forever
3 ASC nurses join COVID-19 front lines in New York
4 hospitals, health systems opening ASCs 

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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