Fitch Ratings predicted Prisma Health-Upstate's annual investment in strategic initiatives — including an ASC — will fall between $250 million and $305 million over the next five years, according to The Greenville News, part of the USA Today network.
New ASC Development
A little over 100 ASCs were opened or announced in the first six months of this year. Here's a breakdown by month:
Scottsdale, Ariz.-based HonorHealth set an opening date for its sixth hospital, which will feature an ASC.
After Blessing Health System requested further review, an Illinois board reaffirmed its April 30 decision to approve Quincy (Ill.) Medical Group's planned surgery center in Quincy Mall, The Herald-Whig reports.
So far this year, 25 joint-venture partnerships have opened or announced ASCs.
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Muve Health plans to open a total joint replacement ASC in West Chester, Pa. as part of its growth strategy.
Cedar Rapids, Iowa-based Fox Eye Surgery gained approval to establish an outpatient facility for nearly nine times the original cost, according the State Health Facilities Council's report of projects reviewed in fiscal year 2018.
Lawrence Memorial Hospital of Medford (Mass.) has held several meetings to alleviate concerns about a $16 million joint-venture ASC it's developing.
Two dentists won approval to build a surgery center in Milford, Conn., Patch reports.
Stillwater (Okla.) Medical Center is drafting plans to expand Stillwater Surgery Center West, the Stillwater News Press reports.