Five insights:
1. Lexington Surgery Center is a joint venture between UK HealthCare and Deerfield, Ill.-based Surgical Care Affiliates.
2. UK HealthCare became LSC’s majority partner in fall 2018, buying a 51 percent stake in the center. SCA, the previous majority owner, now has a 49 percent stake and will continue managing LSC.
3. UK HealthCare physicians began practicing at LSC upon closure of the transaction. Construction on LSC’s new location began in December 2018.
4. The joint venture ASC is intended to help UK HealthCare expand its ambulatory and outpatient services.
5. Bristol Group designed, manufactured and constructed LSC’s new location.
More articles on new ASC development:
Missouri county approves tax incentive for hospital building surgery center — 3 insights
Surgery Partners to relocate multispecialty ASC — 3 details
Cleveland Clinic adding surgical center to Cole Eye Institute
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.