TriasMD announced on October 18 that it entered in an agreement to acquire Pinnacle Surgery Center for an undisclosed price.
Pinnacle Surgery Center, which is certified by both the Joint Commission of Healthcare Organizations and the Centers for Medicare & Medicaid Services, provides high-quality orthopedics and total joint care. It is based in Walnut Creek, California.
Headquartered in Newport Beach, California, TriasMD is a musculoskeletal management company. Using the data-driven model created by DISC Sports & Spine Center, TriasMD positions facilities to thrive, building a clinically integrated network of providers and monitoring the network’s quality.
Following the completion of the deal, Pinnacle will be rebranded as DISC Surgery Center at Walnut Creek. This transaction is TriasMD’s second acquisition of the year; the company purchased Santa Clarita, California-based Gateway Surgery Center in February.
According to data captured in the LevinPro HC database, this transaction marks the 22nd ambulatory surgery center (ASC) acquisition of the year. This is a slight decrease from the year before when 25 ASC transactions were reported between January 1, 2022, and October 18, 2022.
