PE firm acquires California medical plaza with planned ASC

Southern California private equity firm IRA Capital has acquired a medical plaza that’s planning to add an ASC. 

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The Aliso Viejo (Calif.) Medical Plaza is leased to 15 medical tenants, including Hoag Orthopedic Institute, which plans to build an ASC, IRA Capital said in December. The ASC will feature five operating rooms. 

Irvine, Calif.-based Hoag Orthopedic Institute has led California with the highest volume of joint replacement procedures performed for eight consecutive years, IRA capital stated in a news release.

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.

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Is ambulatory care healthcare’s big margin engine? 4 leaders weigh in

Wednesday, July 29
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Presenters: Joe Ganley, athenahealthJeffrey Flynn, CASC, Gramercy Surgery CenterBryan Tsao, Access Center, Loma Linda University HealthJason Zepeda, Northridge Hospital Medical Center, CommonSpirit HealthGreg DeConciliis, PA-C, CASC, Boston Out­Patient Surgical Suites

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