Private equity and ASCs: 13 recent updates

Private equity groups have had a strong start to 2022, amplifying their position in the ASC industry. 

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Here are 13 moves Becker’s ASC Review has reported on since Jan. 1:

Gastroenterology

  1. One GI added Terre Haute, Ind.-based Digestive Health Associates to its network.
  2. U.S. Digestive Health added Philadelphia-based Gastrointestinal Specialists to its network. 
  3. Miami-based Gastro Health made major practice additions in Frederick, Md.,  Maryland and Pensacola, Fla. 

Ophthalmology:

  1. Vision Innovation Partners acquired Harrisburg, Pa.-based Memorial Eye Institute and Bel-Air, Md.-based Advanced Eye Care
  2. Hamilton, N.J.-based Campus Eye Group and Levittown, Pa.-based Total Eye Care inked a deal with private equity firm Beekman Investment Partners to accelerate growth. 
  3. Detroit-based eye care management services organization Sunvera Group, a portfolio company of private equity firm Ridgemont Equity Partners, added two groups. 
  4. Atlanta-based eye care management services organization EyeSouth Partners added a Georgia eye center.

Real estate:

  1. Irvine, Calif.-based private equity firm IRA Capital acquired the real estate housing Christus Surgical Hospital in Alexandria, La.
  2. Miami-based healthcare real estate firm PrimeMed Realty sold a four-property portfolio, including an ASC.
  3. Southern California private equity firm IRA Capital acquired a medical plaza that is planning to add an ASC.

At the Becker's 23rd Annual Spine, Orthopedic and Pain Management-Driven ASC + The Future of Spine Conference, taking place June 11-13 in Chicago, spine surgeons, orthopedic leaders and ASC executives will come together to explore minimally invasive techniques, ASC growth strategies and innovations shaping the future of outpatient spine care. Apply for complimentary registration now.

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