Becker's Healthcare August 2, 2023
Dallas-based ASC chain United Surgical Partners International announced it would acquire SurgCenter Development and its more than 90 ASCs for approximately $1.2 billion in November 2021.
USPI executives revealed the progress on the acquisition had slowed during a February earnings call meeting — the transaction included many ASCs that were in early development stages and that there were planned buy-ups and center openings that did not happen on the original timelines.
However, progress is now on track, CEO Saum Sutaria, MD, said in a July 31 earnings call transcribed by Seeking Alpha.
The Surgcenter Development buy-ups are in line with expectations...
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