5 joint venture ASCs involving spine surgeons in 2020

Practice Management

Since the beginning of the year, Becker's has reported on one joint venture surgery center involving spine surgeons that opened and four more that are in the works:

1. In January, Lighthouse Surgery Center in Hartford, Conn., opened as a joint venture between Hartford-based Saint Francis Hospital and Woodland Anesthesiology Associates, and a group of orthopedic and spine surgeons. The $26 million surgery center includes six operating rooms and 26 pre- and postoperative suites.

2. Macomb, Mich.-based Grass Lake Surgery Center is being developed between Jackson, Mich.-based Henry Ford Allegiance Health and local orthopedic and spine surgeons.

3. A group of spine and orthopedic surgeons are also developing Precision Surgery Center in Macomb, Mich. Both joint ventures are de novo ASCs in partnership with Smithfield Surgical Partners, a healthcare management and development company.

4. Appleton, Wis.-based ThedaCare broke ground on its $144 million Orthopedic, Spine and Pain Center in August. ThedaCare merged with Appleton-based Hand to Shoulder Center of Wisconsin and Neenah, Wis.-based Neuroscience Group to develop the center.

5. Newark, Del.-based ChristianaCare and Delaware Neurosurgical Group filed a notice of intent with state regulators in October to consider the development of a joint venture spine surgery center. The ASC would cost $4.8 million and have six operating rooms.

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

 

Featured Webinars

Featured Whitepapers