Tenet Healthcare, Hospital for Special Surgery form joint venture to build $23M ASC

Addison, Texas-based United Surgical Partners International secured a $23.46 million loan to build a surgery center in West Palm Beach, Fla., South Florida Business Journal reports. 

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Here are three details:

1. The project is a joint venture between USPI’s parent company, Dallas-based Tenet Healthcare, and New York City-based Hospital for Special Surgery.

2. The four-story, 52,721-square-foot medical office building will replace an apartment building near the Tenet-owned Good Samaritan Hospital.

3. Frost Bank awarded a mortgage to Addison-based 300 PBL Development, a USPI affiliate.

More articles on new ASC development:
Anderson Healthcare maps out medical complex with ASC — 5 details
Massachusetts joint venture plans to build ASC on former Lawrence Memorial Hospital Campus — 4 details
Dartmouth-Hitchcock moves forward on $59M expansion with ASC: 3 details

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.

Register to Attend Webinar

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

Wednesday, July 29
1:00 PM - 2:00 PM CDT

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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