Flagship Healthcare Properties acquires Alabama ASC

Advertisement

Charlotte, N.C.-based Flagship Healthcare Properties has acquired a fully leased ASC in Madison, Ala.

The facility includes six operating rooms, six endoscopy procedure rooms and one pain procedure room. It was built in 2004 and expanded in 2023, according to a Dec. 9 news release. 

Flagship will provide property and asset management services for the site. The facility is near major hospital systems and serves a growing suburban population, the release said. 

Terms of the acquisition were not disclosed.

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.

Advertisement

Next Up in ASC Transactions & Valuation Issues

Advertisement