Tower Health, USPI form joint venture to expand ASC network — 3 quick facts

West Reading, Pa.-based Tower Health will expand its ASC network through a joint venture with Addison, Texas-based United Surgical Partners International, WFMZ-TV 69 News reports.

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Here are three quick facts:

1. The joint venture plans to develop ASCs in Southeastern Pennsylvania.

2. The partnership was announced Sept. 26.

3. USPI is an affiliate of Dallas-based Tenet Healthcare.

“Tower Health is committed to strategic growth that provides high-quality, value-based healthcare to the communities we serve. The joint venture with USPI will help to support the continued development of the most appropriate setting for surgical services to best serve our region in a cost-effective manner,” said Tower Health President and CEO Clint Matthews.

More articles on new ASC development:
Texas Orthopedics completes ASC expansion — 3 quick facts
Lancaster NeuroScience & Spine Associates sells surgery center, offices for $13.5M
Tenet Healthcare, Hospital for Special Surgery form joint venture to build $23M ASC

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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