Oklahoma City-based Integris is entering into a joint venture with Austin, Texas-based United Surgical Partners International to purchase three Community Hospital locations in Oklahoma City, NewsOK reported.
ASC Transactions & Valuation Issues
After ending fiscal year 2018 with a $26.5 million loss, Morgantown, W. Va.-based Mon Health System hopes a joint venture with physicians will help offset blows to its bottom line, The Dominion Post reports.
Three surgery centers joined the Nashville, Tenn.-based Surgery Partners network.
Here is a snapshot of five large ASC chains based on their second quarter financial report and earnings call.
Here are nine updates on ASC companies and industry-relevant companies to note:
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In the second quarter of 2018, Surgery Partners boosted surgical cases 17.8 percent and reported revenue was up 54.2 percent year over year.
Prosper Holdings bought the facility housing Deerfield, Ill.-based Surgical Care Affiliates' Greensboro (N.C.) Specialty Surgical Center for $9.3 million, Triad Business Journal reports.
In a follow-up to its joint exposé on surgery center adverse events, USA Today and Kaiser Health News published another piece examining a series of patient deaths in 2014 at Little Rock, Ark.-based Kanis Endoscopy Center, highlighting the lack of…
Toronto, Canada-based Medical Facilities Corp.'s acquisition of seven ASCs in the first quarter drove strong growth in revenue and surgical cases during the second quarter.
Atlanta-based Eye Health America, an eye care practice management company, acquired Clinton, S.C.-based Montgomery & Riddle Eyecare.