Fast-growing ASC chain lands investment from regional health system giant

ASC developer Atlas Healthcare Partners has secured an investment from Southfield, Mich.-based BHSH System, the Phoenix-based company said June 15. 

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BHSH System is a newly formed health system, an integration of leading Michigan health systems Southfield-based Beaumont Health and Grand Rapids-based Spectrum Health. 

The joint venture will develop and operate an orthopedic ASC at the BHSH Spectrum Health Integrated Care Campus in Grand Rapids, according to a news release. Groundbreaking on the project will take place later this year.

The partnership is the second investment Atlas has snagged in the last 60 days. In May, Banner Health, a Phoenix-based health system, announced it was investing in Atlas. The investment is intended to help the joint venture grow to more than 50 ASCs by the end of 2025.

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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