What you should know:
1. Triad will open a $7.2 million ASC with two operating rooms and three procedure rooms.
2. The North Carolina board had previously approved the Triad center, but Winston-Salem-based Wake Forest Baptist Medical Center appealed. Concurrently, Wake Forest sought state approval to add four operating rooms under North Carolina’s certificate of need program. The state approved a two-OR addition, which Triad then appealed.
3. The state ultimately settled the matter, allowing Wake Forest Baptist to add four operating rooms and Triad to add two.
More articles on transactions/valuation:
CHI Franciscan to divest ASC, pay $2.5M to settle anticompetitive lawsuit: 5 things to know
Surgery Partners reports $417M in revenue & more — 10 ASC industry notes
As investors favor ASCs & offices, major skilled nursing operator splits segments
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