Cleveland Clinic acquires orthopedic practice, adds ASC

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Cleveland Clinic has partnered with Nashville, Tenn.-based Regent Surgical and local physician shareholders to operate an orthopedic ASC in Youngstown, Ohio.

The partnership follows Cleveland Clinic’s previously reported acquisition of Youngstown Orthopaedic Associates, which has faced a legal challenge from a local physician-owned hospital.

The 12,700-square-foot Orthopaedic Surgery Center of Youngstown has three operating rooms and one procedure room, according to a Nov. 11 news release.

Regent began managing the facility Nov. 9, while Cleveland Clinic is scheduled to begin outpatient practice operations Nov. 17.

The acquisition also brings six orthopedic physicians, one pain medicine physician, two podiatrists and 12 advanced practice providers into Cleveland Clinic’s network.

Financial terms were not disclosed.

At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.

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