Pine Creek Medical Center was built in 2005 and operated as a short-stay hospital with a digital operating room where physicians performed orthopedic, spine, bariatric and urology procedures. In 2017, the medical center was ordered to pay $7.5 million to settle allegations that it had been paying kickbacks to physicians in exchange for surgical referrals for patients, including those on Medicare. Pine Creek also allegedly paid to advertise physicians’ services in local media.
Items for sale include hospital beds, radiology equipment, surgical instruments and backup generators.
More articles on transactions and valuations:
4 new joint-venture ASCs — July 2019
North Carolina considers expansion requests — 3 insights
UC Davis Children’s Hospital opens surgery center — 3 insights
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.
