What ASC companies did in Q2: 15 notes

Here are 15 key updates on ASC companies and industry-relevant companies in the second quarter:

Advertisement

1. Nashville, Tenn.-based Surgery Partners inked a deal with Orange, Calif.-based UCI Health to expand the system’s outpatient surgery network.

2. Gilbert, Ariz.-based, physician-owned Comprehensive Surgical Care and its real estate partner have committed more than $125 million for a 20-ASC expansion nationwide.

3. Mesa, Ariz.-based Surgery Center Services of America plans to open 14 ASCs by October.

4. Dallas-based United Surgical Partners International announced a joint venture with AdventHealth’s West Florida Division in Tampa, which officially began earlier this year.

5. Towson, Md.-based SurgCenter Development opened a 6,800-square-foot Crown Point Surgical Suites in Crown Point, Ind.

6. Dallas-based Tenet Healthcare sold five of its hospitals in Florida but kept its ASCs, run by USPI. 

7. Optum is developing a $7 million facility in Muncie, Ind., that will include a surgery center and medical offices for multiple specialties.

8. Deerfield, Ill.-based Surgical Care Affiliates and Minneapolis-based Allina Health broke ground on an ASC in Brooklyn Park, Minn.

9. SCA opened Colorado’s first cardiovascular ASC in Denver — a joint venture among the Vascular Institute of the Rockies, Denver-based Advanced Heart & Vein Center, Denver Interventional and Vascular Labs of the Rockies.

10. James Grant, MD, a former SCA executive, was appointed CEO of Troy, Mich.-based Pinnacle GI Partners.

11. Westchester, Ill.-based Regent Surgical Health, Orthopedic Associates of Long Island (N.Y.) and Long Island-based Catholic Health opened a multispecialty ASC.

12. USPI opened a $20 million joint venture ASC with Bozeman Health in Bozeman, Mont.

13. USPI named Matt Wheelus regional vice president of operations.

14. Tenet finalized the $80 million sale of its urgent care platform to FastMed.

15. Private equity company Omers bought Gastro Health.

At the Becker's 23rd Annual Spine, Orthopedic and Pain Management-Driven ASC + The Future of Spine Conference, taking place June 18–20 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

Advertisement

Comments are closed.