Patsy Newitt

For some leaders, independence is critical to ASC success — fostering adaptability, innovation and cost containment. For others, independence is unsustainable in the current market. 

Montecito Medical Real Estate acquired a medical office building housing an ophthalmology ASC in San Antonio, Texas, according to a July 8 news release. 

Knoxville-based University of Tennessee Medical Center's new ASC, the Advanced Orthopaedic Institute, reached a major construction milestone.

With increased industry consolidation and almost 70 percent of physicians reporting being employed by hospitals at the end of 2020, ASC leaders have differing opinions on the importance of independence. 

Seven percent of cardiologists have a net worth of more than $5 million, according to Medscape.

Minneapolis-based MedCraft Investment Partners acquired a TriHealth ASC in Ohio, according to a July 8 email. 

The Supreme Court decided not to hear the American Hospital Association's appeal of a change to the 2019 Outpatient Prospective Payment System Rule. 

Austin, Texas-based Avanza Healthcare Strategies added Cassy Kincaid, RN, PhD, to consult on the migration of cardiovascular services to ASCs, the company announced July 7.

The Charlotte, N.C.-based Antezana Multi-Specialty Center, owned by neurosurgeon David Antezana, MD, and his wife, Nicole, reached a construction milestone. 

SurgCenter Development is finishing an ASC in East Lansing, Mich., according to a LinkedIn post by Kadean Construction Company, the construction company involved with the project.