William W. Backus Hospital proposes $16.7M to acquire Constitution Surgery Center East — 5 things to know

Norwich, Conn.-based William W. Backus Hospital is seeking to acquire Constitution Surgery Center East in Waterford, Conn., according to the day.

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Here are five things to know:

1. Since its inception in 2001, the ASC has offered ophthalmology services. The center expanded its services lines to add orthopedic services in 2011.

2. Seventeen physicians currently own Constitution Surgery Center East and would hold a 49 percent ownership of the ASC if state regulators approve the acquisition. The hospital would own a 51 percent share pending regulatory approval.

3. To acquire the ASC, William W. Backus Hospital proposed to pay $16.7 million.

4. If the deal comes to fruition, Constitution Surgery Center East would be the hospitals’ second healthcare facility in Waterford. The hospital currently operates the Backus Family Health Center.

5. The hospital plans to maintain the center’s existing range of services, as well as maintain current staff members as managers.

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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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Wednesday, July 29
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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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