Kenai Officials Divided Over Merits of New Ambulatory Surgery Center

Kenai officials are debated over the merits of a new surgery center proposed by Kahtnu Ventures, according to a Peninsula Clarion report.

Advertisement

Kahtnu Ventures proposed building a $9 million, 8,365-square-foot ambulatory surgery center in the Alaska town. The group has said it hopes to eventually perform 1,800 outpatient surgeries a year with a group of eight local surgeons.

Officials from Central Peninsula Hospital are fighting the proposed surgery center on the grounds that it would detract from one of the hospital’s more profitable surgical service lines. CPH officials say the hospital could lose up to $20 million in charges among all services if the surgery center is built.

Other surgery center leaders said they experienced similar resistance when they proposed their facilities. Mark Wade, an orthopedic surgeon who helped start The surgery Center of Fairbanks, said he had lengthy discussions with Fairbanks Memorial Hospital when he submitted his proposal. He approached the hospital twice about building the surgery center and offered to be partners but was turned down.

Related Articles on Transactions & Valuation:
Banner Health Center Plans to Double in Size, Add Outpatient Surgery Center
St. Louis University Gets Approval to Demolish Historic Complex for ASC
Colorado’s Memorial Health Still Searching for Tenant for $3M Surgery Center

Advertisement

Next Up in ASC Transactions & Valuation Issues

  • Becker’s reported on 39 hospital mergers and acquisitions in 2025, ranging from rural hospital partnerships to massive, multi-state system expansions. …

  • Brewer, Maine-based Northern Light Health will close its primary care practice in Castine on Feb. 27, citing staffing challenges, declining…

  • The dynamics shaping mergers and acquisitions within the ASC space are constantly shifting as corporate entities push consolidation efforts and…

Advertisement

Comments are closed.