Stormont Vail Health buys minority stake in Kansas surgical hospital — 3 insights

Stormont Vail Health purchased a 49 percent ownership stake in Manhattan (Kan.) Surgical Hospital and will expand the hospital’s surgical and oncology programs, The Mercury reports.

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What you should know:

1. As a result, Topeka, Kan.-based Stormont Vail Health will receive three seats on the surgical hospital’s board.

2. The surgical hospital was formed by local physicians in 2001. It remained independently owned and operated until the deal closed Oct. 1. The hospital has 13 inpatient rooms, six operating rooms, four endoscopy suites and a full-service pain clinic.

3. The hospital offers ENT, gastroenterology, general surgery, gynecology, ophthalmology, orthopedic surgery, plastic surgery, podiatry and urology services.

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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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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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