Here’s what you should know:
1. Surgeons at OrthoNY Surgical Suites will perform an estimated 3,162 surgeries in the first year and 3,320 by the center’s third year being open.
2. The four-room ASC is expected to make an estimated $5.88 million in annual revenue the first year, increasing to $6.17 million by the third year.
3. It will be owned by orthopedic surgeons from OrthoNY, the ninth largest physician group in the Albany area.
4. The facility is expected to open in January.
5. OrthoNY leases space at Ellis Medicine’s medical center in Clifton Park and has offices in Albany, Schenectady and Saratoga Springs, all in New York. The physician group is also helping to construct an $8.4 million joint venture ASC in Colonie, N.Y.
More articles on new ASC development:
Texas Health Orthopedic Surgery Center completes new facility — 3 notes
$16M California medical office building opens with outpatient imaging center — 3 insights
Quincy Medical Group proposes new surgery center — 4 insights
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.