Becker's Healthcare May 16, 2024
Hospitals and health systems are increasingly looking to ASCs for growth — forming partnerships and joint ventures for ASC development as procedures continue to migrate to outpatient settings.
Two California health systems recently announced plans to build ASCs in Visalia to suture financial losses, The Sun Gazette reported May 14. Visalia, Calif.-based Kaweah Health has plans to build an ASC in partnership with private physicians. The health system already has a partnership with surgeon-owned Sequoia Surgery Center, also in Visalia, which operates a four-suite ASC that performed roughly 5,600 surgeries and procedures in 2023.
While the group had previously decided to not expand their center, according to the report, there is now another larger health system, Roseville, Calif.-based...