The surgery center is a three-OR center opened in 2006. It has more than 35 physicians on staff and performs more than 5,000 procedures each year, according to the report.
The center is the second in which Hoag has invested with practice management company Sovereign Healthcare, according to a news release.
More articles on transactions and valuation:
Atlanta ASC announces new locations
8 hospitals/health systems opening ASCs
Northwestern Memorial to open to open new ASC
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.