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7 things for ASC leaders to know for Monday — Sept. 11, 2017

Here are seven things ASC leaders should know for Sept. 11, 2017.

KKR to finance Covenant Surgical Partners acquisition through $195M loan
Private equity firm KKR secured a $195 million loan for its Covenant Surgical Partners acquisition. The loan's structure includes a $150 million tranche, which will be funded when the buyout closes. It also includes a $45 million delayed-draw tranche.

GOP promises bipartisan healthcare bill soon
Sen. Lamar Alexander, R-Tenn., said a bipartisan healthcare bill could be introduced "within 10 days or so." Mr. Alexander is the chairman of the Senate healthcare committee, a bipartisan Congressional committee. Mr. Alexander said he'd meet with several senators to come up with a proposal that is likely to pass. He wants to introduce the proposal to Senate leadership within 10 days.

Optim launches ENTity VL Video Endoscopy System
Optim recently launched its first video-based imaging product in the ENT field, its ENTity VL Video Endoscopy System. The device includes a flexible video laryngoscope with LED illumination, a digital video processor and an imaging capture suite with a 22-inch touch-screen display.

AANA awards Arthur Zwerling its highest honor
The American Association of Nurse Anesthetists awarded the late Arthur Zwerling, MSN, CRNA, its highest honor, The Agatha Hodgins Award for Outstanding Accomplishment.

University Orthopedics building facility with ASC in Rhode Island
Providence, R.I.-based University Orthopedics is expanding through a new 88,500-square-foot building in East Providence, R.I. The four-story building will include an ASC in addition to exam rooms, treatment rooms, an MRI and an X-ray.

Research finds Vermont CON regulations lower quality of care
Fairfax, Va.-based George Mason University researchers found Vermont's strict certificate-of-need laws increase cost and restrict healthcare access for state residents.

Capitol Pain Institute receives investment to expand practice, ASC
A New State Capital Partners affiliate made a significant investment in Austin, Texas-based Capitol Pain Institute to support the expansion of its practice and surgery center.

More articles on improving performance:
KKR to finance Covenant Surgical Partners acquisition through $195M loan
How can your ASC reduce waste by 5% & accrue savings? Manage your inventory
Malpractice fears spur overtreatment, according to physicians: 5 insights

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