Covenant Physician Partners, a portfolio company of KKR, announced on June 6 its merger with Wilshire Center for Ambulatory Surgery.
Wilshire Center for Ambulatory Surgery is an ambulatory surgery center (ASC) in Los Angeles, California. The ASC has two operating rooms.
Covenant Physician Partners is a national physician services organization operating in 20 states in partnership with 70 practices and nearly 850 providers. It delivers a full range of administrative and clinical support functions to its partnered physicians and their staff.
Covenant provides patient care in nine ASCs and seven physician practice locations throughout California.
The addition of the Los Angeles MOB expands Covenant’s footprint in Southern California. Financial terms of the deal were not disclosed.
According to data captured in the LevinPro HC database, this acquisition marks the 14th ASC transaction of 2023. There were 13 ASC deals announced between January 1, 2022, and June 6, 2022.
