The ASCs that have closed in 2019

 
Becker’s ASC Review has covered the closing of 16 ASCs this year. They include:

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– Joint-venture Methodist North Surgery Center closing in January
Methodist Le Bonheur Healthcare’s Methodist North Surgery Center closed in January. The health system and surgery center are both in Memphis, Tenn.

– Laser Spine Institute shuts its doors, closes 3 ASCs
Laser Spine Institute closed three surgical centers and reduced its operating cost structure in the six months before its closure in March.

– Ohio ASC to close, reopen as joint venture
Sandusky, Ohio-based Firelands Regional Medical Center closed its ASC and will reopen it in the fall in collaboration with NOMS Healthcare and Fisher-Titus Medical Center in Norwalk, Ohio.

– Physician buys 2 Illinois ASCs’ assets for $50K after one halts operations
An Illinois partnership shut down Belleville (Ill.) Surgical Center and sold Physicians’ Surgical Center to Shakeel Ahmed, MD, after both Belleville-based facilities lost surgeons to local hospital groups.

– Surgical company seeks $15M investments for 10 closed surgery centers
Worldwide Surgical Solutions, a company that designs and builds surgical facilities, is seeking investors for 10 surgery centers in Texas that have closed down.

More articles on transactions & valuations:
2 outpatient surgical hospitals proposed in Virginia
Mississippi ASC affiliates with hospital
Kansas hospital acquires minority stake in surgical hospital & more — 10 ASC industry notes

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.

Register to Attend Webinar

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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