The joint venture creates Beach Surgical Holdings, which is owned and operated by MemorialCare Medical Foundation and SCA. Beach Surgical Holdings owns a 51 percent interest in the partnership, while the remaining 49 percent is owned by more than 50 physician partners and Monarch HealthCare, an independent physician association.
The first ASC locations resulting from the joint venture are in Laguna Hills, Calif., and Laguna Woods, Calif.
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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.