The syndication involves an initial seven physician partners. Northstar will participate in the MSI partnership by leasing the surgery center assets and staff of The Palladium for Surgery – Houston to MSI for an ownership interest of 25 percent, a joint venture with an intended contractual life of one year, according to a news release from Northstar Healthcare.
Under the arrangement, Northstar will manage MSI and work to identify additional physician partners to participate in the MSI partnership.
Read the news release about the syndication of MIS by Northstar Healthcare.
Read more about Northstar Healthcare:
– Northstar Healthcare Brings Dr. Donald Kramer Back as CEO
– Northstar Healthcare’s Houston Facility Settles Payor Dispute
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.