Optum reports Q3 revenues & more — 11 ASC industry notes

Written by Eric Oliver | October 22, 2019 | Print  |

Here are 11 updates on ASC companies and industry-relevant companies to note:

OptumHealth reported its third-quarter revenue jumped 34.4 percent year over year, hitting $8.1 billion due to the expansion of behavioral health and overall line growth. Read more.

Dallas-based GI Alliance entered into a partnership with Phoenix-based Arizona Digestive Health, growing its affiliated network to more than 275 physicians in four states. Days later, GI Alliance partnered with San Antonio Gastroenterology Associates and San Antonio Digestive Disease Consultants

Jamison, Pa.-based Physicians Endoscopy named Raymond Hino its new vice president of operations for the West Coast.

A medical plaza housing a rare off-campus ASC in Surprise, Ariz., was sold for nearly $6.3 million.

Howard Jacobson, MD, the owner of a Washington D.C.-based private, non-surgical ophthalmic practice, partnered with Eyecare Services Partners Management on Oct. 10.

The Medford City Council voted unanimously to build an ASC at Lawrence Memorial Hospital in Melrose, Mass.

Physicians at the Illinois Sports Medicine & Orthopedic Surgery Center in Morton Grove completed the center's 500th joint replacement surgery.

Durham, N.C.-based Duke Health received state approval to expand into Orange County, N.C., with the construction of a $12 million ASC.

University of Tennessee Medical Center and OrthoTennessee are partnering to open an orthopedic surgery center near the university's main campus.

Edison, N.J.-based Hackensack Meridian Health will acquire Englewood Health, one of a waning number of independent hospitals in New Jersey.

Illinois Bone & Joint Institute, a physician-owned orthopedic practice, will host a ribbon cutting ceremony and open house Oct. 29 at its new location in Palatine, Ill.

More articles on surgery centers:
OAK Orthopedics building $15M+ surgery center — 3 insights
New York ASC redesigned to improve patient experience — 4 insights
Medical property with ASC sells for nearly $6.3M

© Copyright ASC COMMUNICATIONS 2019. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.

To receive the latest hospital and health system business and legal news and analysis from Becker's Hospital Review, sign-up for the free Becker's Hospital Review E-weekly by clicking here.