Catholic Health acquires New York ASC near competing center

Buffalo, N.Y.-based Catholic Health took full ownership of Sterling Surgical Center, a transaction that has been in the works for months, according to The Buffalo News.

Three notes:

1. Catholic Health acquired a 40 percent stake in Sterling Surgical in 2017. It obtained the remaining 60 percent on Aug. 1 for an undisclosed amount.

2. Sterling Surgical has 28 employees and treats about 6,500 patients per year.

3. The Orchard Park, N.Y.-based ASC is about a mile from Southtowns Surgery Center, a joint venture between Buffalo-based Kaleida Health and more than a dozen physician owners. 

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