Mount Sinai Ventures invests in planned ASC — 4 insights

New York City-based Mount Sinai Health System’s investment arm is taking a minority stake in a planned ASC, according to Tal Healthcare Vice President of Executive Search Monica Heymann.

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What you should know:

1. Mount Sinai Ambulatory Ventures invested in a planned multispecialty ASC in New York City.

2. The project will cost an estimated $2.3 million.

3. A 4,100-square-foot space will be renovated for the center.

4. In addition to ASCs, Mount Sinai Ambulatory Ventures strategically invested in urgent care centers, management service organizations and health technology companies.

Note: Mount Sinai Ambulatory Ventures could not provide a comment at the time of publication.

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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.

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Is ambulatory care healthcare’s big margin engine? 4 leaders weigh in

Wednesday, July 29
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Presenters: Joe Ganley, athenahealthJeffrey Flynn, CASC, Gramercy Surgery CenterBryan Tsao, Access Center, Loma Linda University HealthJason Zepeda, Northridge Hospital Medical Center, CommonSpirit HealthGreg DeConciliis, PA-C, CASC, Boston Out­Patient Surgical Suites

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