Although a number of physician-owned hospitals have been sold or shut down since the ACA imposed a moratorium on them in 2010, a few independent ones have managed to keep growing.
ASC Transactions & Valuation Issues
A building housing the Indianapolis-based Indiana Hand to Shoulder ASC and the practice's headquarters has been sold in a joint venture, according to Inside Indiana Business.
The VisionPoint Eye Center, housing four Illinois eye care practices, is scheduled to open Aug. 6, according to the Pantagraph.
HCA Healthcare grew its outpatient caseload by 3 percent year over year in the second quarter of 2019, going from 246,013 cases in the same period of 2018 to 253,441 cases.
Ophthalmology investment platform SightMD partnered with New York City-based Park Avenue Eye Institute.
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Here are six updates on ASC companies and industry-relevant companies to note:
Eden Prairie, Minn.-based Optum has broken from its pattern of acquiring physician practices, outpatient clinics, urgent care facilities and surgery centers with plans to take over John Muir Health's non-clinical functions, according to Forbes contributor Bruce Japsen.
Worldwide Surgical Solutions, a company that designs and builds surgical facilities, is seeking a private financial group to finance construction and equipment needs for projects across the country.
Tulsa (Okla.) ER and Hospital, a physician-owned micro-hospital, is opening its doors to patients July 29, according to local news station ABC 8 Tulsa.
A healthcare expert testified that Ellwood City (Pa.) Medical Center's property should be used for a freestanding medical facility if the current owner, Americore Health, loses control of the land, according to the Ellwood City Ledger.