Regent Surgical Health inked a partnership with Universal Health Services, a 354-hospital chain with facilities across the U.S., to build and operate ASCs.
ASC Transactions & Valuation Issues
Here are seven updates on ASC companies and industry-relevant companies to note:
Suffern, N.Y.-based Good Samaritan Hospital opened its Bariatric Surgery Center to improve access to bariatric care, the Daily Voice reports.
Arco, Idaho-based Lost Rivers Medical Center will cut the ribbon on its $3.7 million surgery center Oct. 28, the Post Register reports.
An Aurora (Ill.) City Committee wants to give developers $9 million for the second phase of a project to redevelop the campus of a former hospital in the city, the Chicago Tribune reports.
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Randi Zuckerberg, founder and CEO of Zuckerberg Media, delivered a keynote presentation at Becker's ASC 26th Annual Meeting in Chicago on Oct. 25.
Arizona investor Boomerang Capital Partners acquired Surprise, Ariz.-based Desert Mirage Medical Plaza, a 37,424-square-foot surgery center, GlobeSt.com reports.
As an investor on ABC's Shark Tank, Kevin O'Leary has seen it all. Great ideas are a dime a dozen but it's execution skills that really drive a pitch home to potential investors.
Consolidation is rocketing through the outpatient space, spurred by private equity investors and hospitals looking to grow.
The Grand Rapids, Mich., building housing East Paris Surgical Center was purchased for $2.8 million, according to Ashish Vakhariya of Marcus & Millichap, a commercial real estate brokerage firm.