Five details:
1. WSS has properties in need of construction, including retrofitting existing buildings.
2. The properties also require an investor for equipment; clinical, diagnostic and surgical instrumentation; and medical devices and products.
3. Construction and equipment needs will cost about $20 million each.
4. Led by founder and CEO James Hamilton, a 40-year veteran in the medical and surgical industries, WSS develops ASCs, recovery care centers and diagnostic centers with a focus on seizing growth opportunities.
5. Earlier this year, the company received a commitment letter to finance 60 surgical complexes in Texas. More recently, Mr. Hamilton announced the company is seeking investors for 10 shuttered surgery centers in the state.
More articles on transactions and valuation:
Swap Pennsylvania hospital for freestanding facility, a former CFO testifies — 5 takeaways
California ASC property sells for $13.5M — 5 details
3 factors driving hospital-physician ASC partnerships
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.
