Resurgens Orthopaedics to open Georgia surgery center, HCA shares fall 1.2% & more — 5 ASC company notes

3 recent ASC acquisitions — March 2017

Here are three recent ASC acquisitions and partnerships that occurred in March 2017.

Lafayette, Ind.-based Unity Healthcare repurchased ownership of the Unity Surgical Center in Lafayette, Ind., from Indianapolis-based Franciscan Health.

Pismo Beach, Calif.-based SurgCenter Development teamed up with Miami Surgical Suites to open its 13th operational center in Florida.

Florida-based Axis Health Partners joint-ventured with Davie, Fla.-based ANF Group on Cypress Creek Medical Pavilion, which will include an ASC, in Fort Lauderdale, Fla.

More articles on transactions:
Virtua seeks CON approval for $1B facility with ASC — 5 points
Cleveland Clinic Florida breaks ground on ASC: 5 points
Tenet’s ambulatory segment generates $183M EBITDA in Q4; AmSurg celebrates 25 years & more — 6 ASC company notes

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Ambulatory Surgical Center Quality and Access Act of 2017 introduced in House: 5 key notes

Devin Nunes, R.-Calif., and John Larson, D-Conn., introduced the Ambulatory Surgical Center Quality and Access Act of 2017 in the U.S. House of Representatives, according to an ASCA report.

Here are five things to know about the Ambulatory Surgical Center Quality and Access Act of 2017:

1. The Act has 27 original cosponsors and extensive support in Congress.

2. The Act would fix current law, which allows CMS to calculate reimbursement for ASCs and hospital outpatient departments with different measures of inflation. The current system penalizes ASCs, which are the lower cost provider.

3. The Act requires quality reporting transparency and CMS would publish the relevant quality data so patients have access to quality information.

4. Under the Act, a representative from the ASC community would have a seat on CMS’ Advisory Panel on Hospital Outpatient Payment, which makes decisions for both HOPDs and ASCs.

5. CMS would be required to disclose which six criteria trigger a procedure’s exclusion from the ASC approved list.

More articles on surgery centers:
2 Oregon health systems fight legislation allowing 24-hour stays at ASCs: 4 things to know
ASC consolidation to continue to surge: 4 points
4 strategies for ASC leaders to successfully lead a team

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Aurora Health Care plans for $55.5M multispecialty ASC, office building: 5 points

Milwaukee-based Aurora Health Care plans to construct a new ASC and medical office building in Greenfield, Wis., according to BizTimes Milwaukee.

Here are five points:

1. Aurora Health Care expects the project to cost $55.5 million.

2. The facility will be 130,000 square feet.

3. The ASC and office building will offer services including orthopedics, general surgery, gastroenterology, pain management, pediatrics and urology.

4. The health system is planning to add an outpatient imaging center, sports health and rehabilitation, a specialty physician clinic and a dispensary pharmacy.

5. Aurora Health is awaiting government approval. It expects to begin working on the facility later this year and complete it by 2019.

More articles on surgery centers:
Nurse, hospital union opposes Rhode Island ASC sale to Prospect CharterCare: 6 highlights
Wyoming hospital, ASC strike deal on ownership following 1yr+ of negotiations: 5 points
Medical Facilities Corp. shares rally 8.3% — 5 facts

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