Rex Healthcare, a subsidiary of UNC Healthcare already operates two similar projects in the state. For the new project, Rex Healthcare intends to convert the operating room at its Wakefield campus to the ASC. The process would cost less than $500,000 and require regulatory filings.
The new ASC may be a key step in competing with neighboring facilities. WakeMed Health & Hospitals operates Capital City Surgery Center in Raleigh, N.C. Earlier this month, a group of 20 OrthoCarolina physicians opened the $4.9 million Mallard Creek Surgery Center in Charlotte, N.C.
More Articles on Transactions and Valuation Issues:
Medical Facilities Corporation Q1 2014 Financial Results: 5 Key Insights
Northstar Healthcare Q1 Financial Results: 5 Key Takeaways
St. Mary Medical Center to Build Surgery Center in Indiana
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.