Prospect CharterCare acquires RI’s largest freestanding ASC despite union opposition: 5 things to know

Providence, R.I-based Prospect CharterCare purchased Johnston, R.I.-based Blackstone Valley Surgicare, Rhode Island’s largest freestanding ASC, according to Providence Journal.

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Here are five things to know:

1. The deal totaled $1.5 million.

2. The state department of health approved the acquisition in April.

3. The United Nurses and Allied Professionals, a union representing nurses and other hospital employees in Rhode Island, opposed the deal. The union said Prospect CharterCare failed to give information showing Prospect’s parent, Los Angeles-based Prospect Medical Holdings’ had a good financial standing.

4. The surgery center employs more than 50 people.

5. In 2016, Blackstone Valley Surgicare performed more than 4,200 procedures.

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At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.

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Is ambulatory care healthcare’s big margin engine? 4 leaders weigh in

Wednesday, July 29
1:00 PM - 2:00 PM CDT

Presenters: Joe Ganley, athenahealthJeffrey Flynn, CASC, Gramercy Surgery CenterBryan Tsao, Access Center, Loma Linda University HealthJason Zepeda, Northridge Hospital Medical Center, CommonSpirit HealthGreg DeConciliis, PA-C, CASC, Boston Out­Patient Surgical Suites

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