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TriasMD Acquires Southern California Ambulatory Surgery Center

TriasMD Acquires Southern California Ambulatory Surgery Center

by | Feb 28, 2023 12:44 pm | Ambulatory Surgery Centers, Other Services

TriasMD announced on February 28 its acquisition of Gateway Surgery Center, an ambulatory surgery center (ASC) in Santa Clarita, California. The move delivers on TriasMD’s promise to expand the data/evidence-driven ambulatory surgery center (ASC) model created by DISC Sports & Spine Center. With the addition of this ASC, DISC is expanding its reach, building on the patient community it has established in Orange County. As part of the acquisition, TriasMD becomes managing partner of the facility – to be renamed DISC Surgery Center at Gateway – and will work with its physician partners to integrate DISC’s standards in the form of protocols, state-of-the-art equipment and... Read More »
Spire Orthopedic Partners Acquires Practice in New York’s Hudson Valley

Spire Orthopedic Partners Acquires Practice in New York’s Hudson Valley

by | Feb 14, 2023 8:39 am | Ambulatory Surgery Centers, Physician Medical Groups

Spire Orthopedic Partners has acquired Orthopedic Associates of Dutchess County and The Surgery Center at Orthopedic Associates. Terms of the deal were not disclosed. Founded in 1975, Orthopedic Associates of Dutchess County has 24 subspecialty-trained physicians practicing across five locations and an ambulatory surgery center (The Surgery Center at Orthopedic Associates). The facilities are in the Hudson Valley locations of Poughkeepsie, Kingston, New Windsor, East Fishkill and Rhinebeck, New York. Spire Orthopedic Partners, a portfolio company of Kohlberg & Company LLC, is a national partnership of orthopedic practices providing the support, capital and operational resources... Read More »
Sunvera Group Acquires Zimm Cataract & Laser Center, Premier Surgical Center

Sunvera Group Acquires Zimm Cataract & Laser Center, Premier Surgical Center

by | Jan 12, 2023 3:23 pm | Ambulatory Surgery Centers, Other Services, Physician Medical Groups

Sunvera Group has acquired Zimm Cataract & Laser Center and its affiliate Premier Surgical Center. The transaction establishes Sunvera Group’s presence in the Pennsylvania market and extends its network of ophthalmology practices and surgery centers. Zimm Cataract & Laser Center and Premier Surgical Center are based in Erie, Pennsylvania. McGuireWoods LLP provided legal services to Sunvera. Physician Growth Partners served as the exclusive financial advisor to Zimm Cataract & Laser Center and Wade, Goldstein, Landau & Abruzzo, P.C. provided legal services. Terms of the deal were not disclosed. Zimm Cataract & Laser Center provides services such as cataract surgery,... Read More »
Prism Vision Group Acquires Lakeview Surgery Center

Prism Vision Group Acquires Lakeview Surgery Center

by | Dec 19, 2022 3:42 pm | Ambulatory Surgery Centers

Prism Vision Group has acquired Lakeview Surgery Center. This marks Prism’s sixth ambulatory surgery center (ASC) and the second in the Washington D.C., Maryland and Virginia market. Terms of the deal were not disclosed. Lakeview Surgery Center in Bowie, Maryland, is a 9,900-square-foot facility that has two operating suites and exclusively provides ophthalmic surgery five days per week. Prism Vision Group (formerly known as NJ/Retina), a portfolio company of private equity firm Quad-C Management, is a physician-led ophthalmology administrative services care provider. Launched in July 2019, Prism has 870 locations, more than 150 providers and more than 1,300 employees throughout New... Read More »
Occupancy Rates, Job Growth Provide Strength for Healthcare Real Estate

Occupancy Rates, Job Growth Provide Strength for Healthcare Real Estate

by | Dec 14, 2022 2:54 pm | Ambulatory Surgery Centers, Medical Office Buildings, Other Services

Steve Bolen provided encouraging news for attendees at the December 13 New York Healthcare Summit in New York City’s financial district. “For 2022, health care was among the top targeted sectors for expansion within virtually every one of our capital sources,” said Bolen, the U.S. head of healthcare real estate at LaSalle Investment Management. “For 2023, healthcare real estate is among the top targeted sectors for expansion for our clients.” Bolen’s confidence hasn’t been shaken by speculation that next year could bring an economic downturn for the United States.  “There’s a growing chorus of economists suggesting that a recession could be a reality in 2023,” Bolen said. “That is a... Read More »
TriasMD Acquires Southern California Ambulatory Surgery Center

Our Lady of the Lake Regional Medical Center Sells Baton Rouge, Louisiana Surgery Center

by | Nov 14, 2022 1:16 pm | Ambulatory Surgery Centers, Other Services

Baton Rouge, Louisiana-based Our Lady of the Lake Regional Medical Center sold its ambulatory surgery center (ASC) in the same city for $8.95 million. The Lake Surgery Center was sold to Perkins Plaza Development, represented by orthopedic surgeon Larry “Chip” Bankston, MD. According to the LevinPro HC database, this marks the 27th ASC acquisition of 2022. Established in 2002, Lake Surgery Center is a 23,000-square-foot facility. The surgery center is co-owned by Our Lady of the Lake Regional Medical Center and Dr. Bankston’s practice, Baton Rouge Orthopaedic Clinic. In addition to Dr. Bankston, other officers for Perkins Plaza Development include Our Lady of the Lake... Read More »