SCA poised for growth & more — 6 ASC industry notes

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

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Deerfield, Ill.-based Surgical Care Affiliates plans to add 20 ASCs to its portfolio this year, and value-based care is a key part of its growth strategy, according to SCA Chief Financial Officer Caitlin Zulla.

Addison, Texas-based United Surgical Partners International named Owen Morris CFO.

Shore Capital entered into a strategic partnership with Atlanta-based Northwest ENT and Allergy Center that includes seven locations and two affiliated ASCs.

Suffolk, Va.-based Lakeview Medical Center, Chesapeake, Va.-based Bayview Physicians Group, and Suffolk-based Sports Medicine and Orthopaedic Center are building a $14 million medical office building and ASC in Suffolk.

CRH Medical Corp. completed its fourth acquisition in Georgia.

The N.C. Division of Health Service Regulation approved Winston-Salem, N.C.-based Triad Center for Surgery’s ASC proposal.

More articles on transactions/valuation: 
4 new joint venture ASCs – April 2019
Surgery Partners reports $417M in revenue & more – 10 ASC industry notes
How ASC Medicare payments have grown in the last 5 years 

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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