The health system’s board unanimously voted to acquire the surgery center’s building and business. The deal is expected to close by March 31.
The physicians who perform procedures at the surgery center and their practice will remain independent.
More articles on transactions and valuation issues:
Glendale Adventist opens joint venture
ASC may open in Towamencin Township
Desert Institute of Spine Care opens ASC
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.