Surgical Care Affiliates and Geisinger Health completed simultaneous recapitalizations of Grandview Surgery Center and North East Surgery Center, respectively.
What you should know:
1. Nashville, Tenn.-based Surgical Care Affiliates took a majority ownership stake in Camp Hill, Pa.-based Grandview Surgery Center, while Danville, Pa.-based Geisinger took a majority ownership stake in Scranton, Pa.-based Northeast Surgery Center.
2. Both SCA and Geisinger had minority ownership stakes in the respective centers.
3. Grandview was a freestanding ASC while Northeast was an independently owned ASC.