Physicians Endoscopy establishes acquisition platform & more — 10 ASC industry notes

Here are 10 updates on ASC companies and industry-relevant companies to note:

Jamison, Pa.-based Physicians Endoscopy and Silver Spring, Md.-based Capital Digestive Care entered into a strategic partnership Aug. 1, which saw the two companies form a management platform. Read more.

While Physicians Endoscopy lay dormant for the first half of 2019, the company is in full-on growth mode now. President David Young offered six insights into the company. Read more.

Tenet's ambulatory care segment revenue increased 5.3 percent year over year in the second quarter of 2019, the company reported on Aug. 5. Read more. 

Nashville, Tenn.-based Covenant Surgical Partners is in the midst of an acquisition spree. Fueled by private equity money, the physician services organization has acquired several practices this year and has its sights set on more. CEO Lew Little offered five insights into the company. Read more.

Nashville, Tenn.-based 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.

Healthcare development and management company HCA's ambulatory surgery division is seeking two ASC administrators to run centers in Florida.

Milwaukee-based Aurora Health Care opened a $55.5 million outpatient surgery center on Aug. 2.

Morristown, N.J.-based Altair Health opened a 16,000-square-foot ASC devoted to spine care and pain management procedures in Florham Park, N.J.

Construction has wrapped up on a 36,450-square-foot surgical facility for Bismarck Surgical Associates in North Dakota.

Ophthalmology investment platform SightMD partnered with New York City-based Park Avenue Eye Institute.

More articles on surgery centers: 
$12M ASC completed in North Dakota
Joint-venture ASC opens location near UK HealthCare — 5 insights
Minnesota hospital planning ASC 

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