Texas is home to one of the largest numbers of ASCs in the nation.
Here are five ASC updates in Texas since June 1:
1. Healthcare real estate company Montecito Medical has purchased a 23,000-square-foot medical office building in Midland. The property is fully occupied and includes Midland Ambulatory Surgery Center and Midland Imaging Center, the city’s only freestanding imaging facility. The ASC is a joint venture among physicians, Midland Memorial Hospital and Chicago-based United Surgical Partners International. A local cardiology practice also leases space in the building.
2. In August, Great Hill Partners acquired The Woodlands, Texas-based Blue Cloud Pediatric Surgery Centers, which operates 32 facilities across 12 states.
3. Tampa, Fla.-based Sila Realty Trust acquired two medical outpatient buildings in Southlake, Texas, for $16.15 million. The facilities include a gastroenterology center and an ASC located near each other. The GI center is leased to GI Alliance, and the surgery center is leased to a joint venture between Dallas-based Baylor Scott & White Health, United Surgical Partners International and a group of physicians.
4. IRA Capital, a private equity firm, acquired Houston Physicians’ Hospital in Webster, Texas. The 148,950-square-foot facility is a multi-specialty surgical hospital and outpatient campus leased through a joint venture between the physicians, Memorial Hermann Health System and United Surgical Partners International.
5. Dallas-based Baylor Scott & White Health opened a new ASC in College Station, Texas. The new ASC will house ophthalmology, ENT, plastics and podiatry.
At the Becker's 23rd Annual Spine, Orthopedic and Pain Management-Driven ASC + The Future of Spine Conference, taking place June 11-13 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.
