On February 11, Penn State Health announced that it acquired a 100% stake in Surgery Center of Lancaster. Terms were not disclosed.
Since its founding in 2004, the Surgery Center of Lancaster has served the Lancaster, Pennsylvania community as an established outpatient surgery center (OSC) owned by the area’s leading surgeons. It provides pediatric and adult care across ear, nose & throat, ophthalmology and orthopedic services.
Penn State Health is a multi-hospital system serving patients across central Pennsylvania. It includes Penn State Health St. Joseph Medical Center in Reading, Penn State Health Milton S. Hershey Medical Center and Penn State Children’s Hospital, among others. It employs 1,300 physicians and direct care providers at 78 office locations.
“This is an investment in Lancaster County and in the future of surgical care for our community,” said Joseph Frank, president of Penn State Health Lancaster and St. Joseph medical centers. “By integrating the Surgery Center of Lancaster more fully into our system, we will offer patients greater convenience, seamless transitions of care and the expertise they expect from Penn State Health.”
According to data captured in the LevinPro HC database, this transaction marks the second OSC transaction of the year. There were 28 OSC acquisitions announced in 2025, and 39 announced in 2024. Active investors in the OSC market include United Surgical Partners International, Montecito Medical Real Estate, Flagship Healthcare Properties and AmSurg.
