Surgery Partners affiliate makes $430M offering & more — 7 ASC industry notes

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

Nashville, Tenn.-based Surgery Partners subsidiary Surgery Center Holdings will commence a $430 million senior unsecured notes offering.

In New Jersey, a father and son team pleaded guilty to defrauding investors who thought they were purchasing shares of an ASC, based on a press release from the New Jersey attorney general's office. Read more.

Nashville, Tenn.-based HCA Healthcare plans to convert Houston-based Cypress Fairbanks Medical Center into a freestanding emergency room by April 18.

Battle Creek, Mich.-based Brookside ENT and Hearing Center closed after the center fell victim to a data hack that wiped out all of the practice's files.

Pain Concepts of Meridian, MS sold its 21,000-square-foot ASC/MOB property in Meridian, Miss., for $6.8 million.

University Federal Credit Union provided $7 million for the refinancing cash-out of Serene Hills Commons, a medical office building in Lakeway, Texas. The building houses Leawood, Kan.-based Muve Health's Muve Lakeway Ambulatory Surgical Center.

As Women's History month comes to a close, Deerfield, Ill.-based Surgical Care Affiliates is celebrating the completion of a successful all-women medical mission trip to Honduras supporting One World Surgery.

 

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