Private equity and ASCs: 13 recent updates

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 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.