Surgery Partners reports $417M in revenue & more — 10 ASC industry notes

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

Brentwood, Tenn.-based Surgery Partners reported $416.8 million in first quarter 2019 revenue while growing its same-facility revenue 5 percent. Read more.

Surgery Partners is also hosting a career fair May 8 at Millenia Surgery Center in Orlando, Fla.

West Bloomfield Township, Mich.-based Lakes Ambulatory Surgical Center joined Phoenix-based The Core Institute. Surgery Partners has an ownership share in this center.

Avera Health will stop offering care under its employee health plan at three physician-owned practices as it continues to build its own orthopedic presence.

Providence-based Ortho Rhode Island began developing a medical office building and surgery center in Warwick, R.I.

Froedtert & the Medical College of Wisconsin's ASC and health center developments could make a $53 million economic impact on the area. The Milwaukee-based health system plans to open a 17,000-square-foot ASC in Polk, Wis.

Toronto-based Medical Facilities Corp. increased its revenue to $99.1 million despite drastically decreased operations-derived income. Read more.

Three groups have joined Melville, N.Y.-based North American Partners in Anesthesia since Jan. 1: Prince Frederick, Md.-based CalvertHealth Medical Center, Bethesda, Md.-based Aisthesis Partners in Anesthesia Care and Exeter (N.H.) Hospital.

Vascular Institute of Chattanooga (Tenn.) opened a new clinic in Cleveland, Tenn.

Southeast Regional Surgery Center is moving forward with a single-specialty ASC in Columbus, Ga.

More articles on transactions/valuation:
Where a Kansas ASC plans to invest for future growth: Q&A with Director Sonja Clapp
Orthopedist salaries, USPI revenue & more: 5 must-read articles for ASC administrators
5 key traits of effective ASC administrators

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