Forty-one percent of hospitals and health systems either own a freestanding ASC or are affiliated with one, and they are seeking more, a HealthLeaders Media poll found.
ASC Transactions & Valuation Issues
Piedmont Medical Health Center sold an office building in Loganville, Ga., including a women's healthcare clinic and a gastroenterology surgery and endoscopy center, Rebusiness Online reports.
Minneapolis-based Shriners Hospitals for Children — Twin Cities will switch to an outpatient-only model, eliminating all inpatient care by the end of year, Fox 9 reports.
The Maryland Health Care Commission received three letters of intent for new surgery center projects in July and August.
Avera Marshall (Minn.) and Willmar, Minn.-based Carris Health plan to integrate the Carris Health clinic and same-day surgery center in Marshall into Avera Marshall, the West Central Tribune reports.
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Nashville, Tenn.-based Envision Healthcare rejected two of KKR's offers to acquire the company before accepting a $9.9 billion bid, the Nashville Business Journal reports.
Here are 11 updates on ASC companies and industry-relevant companies to note:
The Maine Department of Health and Human Services approved Nashville, Tenn.-based Covenant Surgical Partners' proposal to establish a new entity, which would take ownership of Lewiston, Maine-based Wolf Eye Associates and its ASC.
Here are five new joint venture ASCs with updates in the past couple months:
Addison, Texas-based United Surgical Partners International plans to reopen eight surgery centers in South Carolina Sept. 17.