Leapfrog Group waives ASC participation cap & more — 5 ASC company key notes

Here are five updates on ASC companies and industry-relevant companies to note:

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The Leapfrog Group lifted the participation cap on its first-ever ASC safety and quality survey, opening participation to all licensed ASCs in the U.S. Read more.

Minnetonka, Minn.-based UnitedHealth Group’s Optum division is suing former IT executive David Smith for allegedly stealing trade secrets and taking them to Amazon’s health venture with Berkshire Hathaway and J.P. Morgan Chase. Read more.

Dallas-based Tenet Healthcare affiliate Mount Pleasant, S.C.-based East Cooper Medical Center is weighing a move into the outpatient arena to meet growing demand.

New York City-based Mount Sinai Health System’s investment arm is taking a minority stake in a planned ASC.

Norfolk-based Virginia Eye Consultants, a multi-specialty practice with 11 ophthalmologists and six optometrists, joined Cincinnati-based CEI Vision Partners.

More articles on transactions/valuation: 
Spencer Hospital reopens surgery center after fire — 3 insights
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Buying refurbished medical equipment? Ask these 5 Qs first

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.

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