Reliant Medical Group, Shields Health Care & physicians partner to establish $10M ASC

Worcester, Mass.-based management services organization Reliant Medical Group plans to develop a joint venture ASC in Natick, Mass., for about $10 million.

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Here’s what you should know:

1. RMG plans to partner with an orthopedic physician group and Quincy, Mass.-based Shields Health Care Group on the project.

2. RMG applied for a determination of need to build an ASC with three operating rooms, which would involve renovating 13,000 square feet of space.

3. The ASC’s first-year operating expenses would cost an estimated $4.3 million.

4. The ASC would offer orthopedic, otolaryngology, general vascular, hand, gynecology and urology services.

More articles on new ASC development:
SurgCenter Development forms 200th ASC partnership — Company in ‘full-growth mode’
Illinois community may benefit from ASC, OSF Regional Vice President says — 3 insights
How Southern California Orthopedic Institute shifted total joints to ASCs using bundled payments — 5 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.

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