UPMC partners with ophthalmology surgery center to acquire Irish hospital — 4 insights

UPMC and the Institute of Eye Surgery partnered to acquire Clane General Hospital in Kildare, Ireland, laying the foundation of what will soon be a national Ophthalmology Network of Excellence, the Pittsburgh Post-Gazette reports.

Advertisement

What you should know:

1. Pittsburgh-based UPMC and Waterford, Ireland-based Institute of Eye Surgery plan to make the hospital part of a larger effort to expand ophthalmology care in the country.

2. Clane General will be rebranded as UPMC Kildare Hospital.

3. This is UPMC’s second hospital in Ireland. UPMC acquired a hospital in Waterford in 2018. UPMC first expanded into Ireland when it opened a cancer treatment center in Waterford in 2006.

4. None of the entities involved in the deal disclosed financial terms.

More articles on surgery centers:
CMS to pay for total knees in ASCs, boost ASC payment rate 2.6% in 2020: 4 details
With $60B+ deals this year, what’s in store for private equity in the future?
Texas health system building ASC — 4 insights

At the Becker's 23rd Annual Spine, Orthopedic and Pain Management-Driven ASC + The Future of Spine Conference, taking place June 11-13 in Chicago, spine surgeons, orthopedic leaders and ASC executives will come together to explore minimally invasive techniques, ASC growth strategies and innovations shaping the future of outpatient spine care. Apply for complimentary registration now.

Advertisement

Next Up in ASC Transactions & Valuation Issues

  • Atlanta-based United Digestive is planning an ASC in Watkinsville, Ga., focusing on organic growth to expand its network. The newly-constructed,…

  • At least 25 ASCs have closed over the past five years, a pattern of attrition driven by financial strain, staffing…

  • As the ASC industry continues to grow alongside new waves of surgical innovation, patient preferences and shifts to value-based care,…

Advertisement

Comments are closed.