Kaiser Permanente Buys ASC in Lancaster, California

Kaiser Permanente Buys ASC in Lancaster, California

Oakland, California-based Kaiser Permanente announced that it has acquired its first ambulatory surgery center (ASC) in southern California. The ASC, Antelope Valley Surgery Center, is a multispecialty outpatient center in Lancaster, California. The 12,500-square-foot ASC provides services including general surgery, gynecological cases, eye surgery, head and neck, podiatry, orthopedic and plastic surgery. It was originally opened more than 20 years ago and was most recently operated by SCA Health. Kaiser Permanente is among the country’s largest not-for-profit health systems with 39 hospitals. Its operations span eight states coast to coast with roughly 13 million members who receive care... Read More »
TriasMD Purchases Thousand Oaks Surgery Center

TriasMD Purchases Thousand Oaks Surgery Center

Newport Beach, California-based TriasMD has announced its acquisition of Thousand Oaks Surgery Center.  Thousand Oaks Surgery Center is an AAAHC-accredited, Medicare-certified ambulatory surgery center (ASC) In Thousand Oaks, California. The facility features four operating rooms, five private pre-op rooms, 11 recovery bays and two overnight suites for patients staying 23 hours or less.  TriasMD is a musculoskeletal management company. Using the data-driven model created by its subsidiary, DISC Surgery Center, TriasMD positions facilities to thrive, building a clinically integrated network of providers and monitoring the network’s quality.  The strategic acquisition... Read More »
TriasMD Purchases Thousand Oaks Surgery Center

NewStreet Properties Acquires East Mesa ASC 

NewStreet Properties, based in Omaha, Nebraska, announced on March 20 that it acquired an ambulatory surgery center (ASC) in East Mesa, Arizona. The property is located next to Banner Baywood Medical Center and was built in 2002.  NewStreet Properties is a real estate investment firm. According to its website, as of March 2024, it owns more than 2.8 million commercial square feet and has more than $1 billion assets under management.  The original press release notes that New Street Properties has plans to expand the property by building a 5,214-square-foot addition to the current ASC. The financial terms of the transaction were not disclosed.  According to data captured in... Read More »
Kaiser Permanente Buys ASC in Lancaster, California

HCA-Operated Surgery Ventures Acquires 2 ASCs in North Texas

Surgery Ventures, operated by Nashville, Tennessee-based HCA Healthcare, has acquired majority stakes in two ambulatory surgery centers (ASCs) in North Texas and will manage day-to-day operations at both facilities. Financial terms of the deal were not disclosed.  Both of the ASCs are affiliated with Dallas-based Medical City Healthcare, which is now affiliated with 15 ASCs in North Texas. The first ASC being acquired is Medical City Surgery Center of North Texas in Anna, Texas, formerly known as Surgery Center of North Texas, which has 14 physician partners. The 23,000-square-foot ASC opened in 2020 and includes five operating rooms and 15 pre-op/post-anesthesia care unit bays. The... Read More »
TriasMD Purchases Thousand Oaks Surgery Center

Bain Capital-Backed Surgery Partners Acquires Nevada Surgical Suites 

Surgery Partners, Inc., backed by Bain Capital, announced that it has expanded its ambulatory surgery center (ASC) presence with the acquisition of Nevada Surgical Suites (NSS).  NSS founded in 2009 by Dr. Alain Coppel, is a portfolio of ASCs affiliated with the premier provider of outpatient interventional pain management in Nevada. It has two locations in Las Vegas.   Surgery Partners is a leading operator of surgical facilities and ancillary services with more than 180 locations nationwide. It is based out of Brentwood, Tennessee.   Hyde Park Capital served as the exclusive investment banker and financial advisor to NSS. Epstein Becker Green served as legal counsel to... Read More »
TriasMD Expands in California 

TriasMD Expands in California 

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. ... Read More »