MedCraft acquires TriHealth ASC in Ohio

Minneapolis-based MedCraft Investment Partners acquired a TriHealth ASC in Ohio, according to a July 8 email. 

Advertisement

Physician-owned, Cincinnati-based TriHealth’s Good Samaritan Surgery Center West features four operating rooms and two procedure rooms managed by TriHealth. 

This is MedCraft’s second TriHealth acquisition and second acquisition in Ohio. The company acquired 18,536-square-foot Kenwood One TriHealth Orthopedic & Sports Institute in January. 

“Our acquisition focus helps health systems like TriHealth to preserve capital, enhance their employed physician network and enable physician groups to generate proceeds from the sale of their previously owned buildings,” said Stephen Buckeridge, MedCraft’s Cincinnati-based development principal.

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

  • Atlanta-based United Digestive is planning an ASC in Watkinsville, Ga., focusing on organic growth to expand its network. The newly-constructed,…

  • At least 25 ASCs have closed over the past five years, a pattern of attrition driven by financial strain, staffing…

  • As the ASC industry continues to grow alongside new waves of surgical innovation, patient preferences and shifts to value-based care,…

Advertisement

Comments are closed.