Hospitals acquired 8,000 medical practices between July 2016 and January 2018, according to data from Avalere Health and the Physicians Advocacy Institute.
ASC Transactions & Valuation Issues
The Illinois Health Facilities and Services Review Board issued its findings on Quincy (Ill.) Medical Group's $19.5 million proposed surgery center failing it in four areas, local ABC, CBS affiliate KHQA reports.
Philadelphia-based Rothman Orthopaedics partnered with ASC platform company NueHealth and MUVE Health, a developer and operator of total joint and spine centers, to integrate their models and platforms.
Rochester, Minn.-based Mayo Clinic made $1 billion worth of strategic investments in 2018, including a surgery center project.
Syracuse (N.Y.) Orthopedic Specialists will open its 47,000-square-foot Specialists' One-Day Surgery Center in April, moving its outpatient surgical procedures into the center soon after it opens.
Columbus-based The Ohio State University Wexner Medical Center is seeking approval to expand its ambulatory care network by building a large outpatient care center in Dublin, Ohio.
Here are nine updates on ASC companies and industry-relevant companies to note:
Stakeholders clashed over proposed changes to Georgia's certificate of need law that would loosen restrictions on ASCs, the Albany Herald reports.
Anchor Health Properties acquired four medical office buildings in Sacramento, Calif., surpassing $1 billion in total investment.
Houston Methodist Willowbrook Hospital finished the first phase of a multiphase surgery center expansion project, Community Impact reports.
