Here are five moves in 2023 involving ASCs and management companies that leaders should know:
Regent Surgical Health (Franklin, Tenn.) and Oregon Surgical Institute (Beaverton)
Regent Surgical Health expanded its partnership with Oregon Surgical Institute.
The adjusted agreement gave Regent majority ownership of OSI, an ASC focused on complex cases. The two organizations first partnered in 2016 and established the first ASC in the northwestern U.S. to specialize in complex cases. focusing on spine and orthopedics. More than half of OSI's cases are total joint replacements.
TriasMD and Pinnacle Surgery Center (Walnut Creek, Calif.)
Management company TriasMD acquired Pinnacle Surgery Center. Under the partnership, TriasMD will work with the ASC's founder, Amir Jamali, MD, to bring complex spine services to the facility.
Pinnacle Surgery will also be rebranded to operate as DISC Surgery Center at Walnut Creek. TriasMD is DISC's parent company.
Inspira Health (Vineland, N.J.) and Salem (N.J.) Medical Center
Inspira Health officially integrated Salem Medical Center into its health system in October. Salem's 350 employees and 225 medical staffers merged with Inspira's 1,200 medical staffers and 7,000 employees.
Surgery Partners (Brentwood, Tenn.) and Methodist Health System (Dallas)
Surgery Partners formed a strategic partnership with Dallas-based Methodist Health System. Through the partnership, Surgery Partners acquired a minority interest in and will manage three of Methodist's ASCs.
Capitol Pain Institute (Nashville, Tenn.) and Water Leaf Surgery Center (Austin, Texas)
Capitol Pain Institute acquired Balcones Pain Consultants and Water Leaf Surgery Center.
Balcones Pain Consultants has locations in Austin, Cedar Park and Marble Falls, Texas.