Flagship Healthcare acquires Panama City surgery center

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Charlotte, N.C.-based Flagship Healthcare Properties has acquired an ambulatory surgery center in Panama City, Fla., expanding its Florida portfolio.

The property is home to Northwest Florida Surgery Center, a multispecialty ASC with three operating rooms and two procedure rooms.

Having served patients since 1995, the center entered a joint venture in May 2025 with Surgical Care Affiliates, AdventHealth and physician partners to strengthen outpatient surgical care in the region, according to an Oct. 1 system news release. 

Northwest Florida Surgery Center offers ophthalmology, orthopedics, cardiology, ENT, pain management, plastic surgery and spine services. It was ranked among the top 10% of ASCs nationwide for ophthalmology by U.S. News & World Report in 2022.

Flagship said the acquisition aligns with its strategy to meet rising demand for outpatient procedures in growing Florida markets, according to the release. 

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