Surgery Partners to close National Surgical Healthcare deal in nearly 2 weeks

Surgery Partners set Aug. 31 as the date it will close on its deal to acquire National Surgical Healthcare.

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Here are four notes:

1. Surgery Partners has completed all the transaction’s financing.

2. Surgery Partners bought National Surgical Healthcare for nearly $760 million.

3. Bain Capital Private Equity paid for a portion of the deal’s funding in exchange for preferred security in Surgery Partners. Bain is buying H.I.G. Capital’s stake in Surgery Partners.

4. Through the deal, Surgery Partners will encompass 125 surgical facilities and 58 practice locations. The company will operate facilities throughout 32 states and will have access to a network of more than 5,000 physicians.

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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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