Laser Spine Institute closes after failing to secure funding & more — 8 ASC industry notes

Here are eight updates on ASC companies and industry-relevant companies to note:

Tampa, Fla.-based Laser Spine Institute was unable to secure financing to continue operations and closed March 1. Read more.

Skyline Urology in Baltimore agreed to pay the government $1.85 million to resolve allegations it violated the False Claims Act. Read more.

Dallas-based Tenet's ambulatory care segment, United Surgical Partners International, reported a slight increase in fourth quarter revenue and larger increase year over year in 2018. Read more.

UPMC Pinnacle Carlisle (Pa.) Outpatient Surgery Center achieved advocacy status within the health system's Journey to Excellence Certificate Program. The program recognizes facilities that provide exceptional patient service.

Medical City Frisco (Texas) broke ground on a 150,000-square-foot, $37 million medical office building and ASC project Feb. 27.

Greenville, S.C.-based Jervey Eye Group opened a new office and surgery center in Greenville.

Chicago-based River North Surgery Center is seeking state permission to establish an ASC.

Raleigh, N.C.-based Compass Surgical Partners opened Skyway Surgery Center in St. Petersburg, Fla., in partnership with a group of independent neurosurgeons, orthopedic surgeons and pain management specialists.

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