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24 JOINT VENTURES 70 new ASCs so far in 2020 — month-by-month breakdown By Angie Stewart Dozens of ASCs have been opened or an- nounced since January: January Atlantic City, N.J.-based AtlantiCare held an open house for its Center for Orthopaedic Surgery Jan. 29. Tampa, Fla.-based Physician Partners of America opened its multispecialty ASC, Sun City Ambulatory Surgery Center, Jan. 29. Phoenix-based OrthoArizona is building an outpatient care center with an ASC in Scottsdale, Ariz. Salem, Ore.-based Willamette Surgery Cen- ter is building a surgery center in Salem that could open in 2021. UT Health Austin (Texas) plans to open an ASC and ophthalmology clinic this year. Jacksonville, Fla.-based Baptist Health is building a $200 million, 300,000-square-foot hospital and ASC on its campus in Fleming Island, Fla. Boiling Springs, S.C.-based Palmetto Eye & La- ser Center is making progress on its new ASC. Laramie, Wyo.-based Premier Bone and Joint Centers recently placed the last beam on its new ASC in Laramie. A ribbon-cutting was held for the Light- house Surgery Center in Hartford, Conn. A $21 million medical plaza with an ASC has opened in Vestavia Hills, Ala. Parkview Health System in Fort Wayne, Ind., will expand services with a new health cam- pus and ASC on the city's southwest side. Statesville, N.C.-based Iredell Health System broke ground on a medical office building with an ASC in Mooresville, N.C., Jan. 10. Caliber Development is turning a space in Scottsdale into a surgery center and medical office building. University of Rochester (N.Y.) is redeveloping a portion of a former shopping mall with an ASC office building in Rochester for $240 million. Alliance Surgery Center opened near a Sam's Club in Traverse City, Mich., aer a year of construction. Phoenix-based McConnell Colorectal Center opened a second surgery center. Nampa, Idaho-based Saltzer Health plans to open a 24-hour urgent care clinic with an outpatient surgery center late this year. February Portland, Maine-based Northern Light Mercy Hospital will break ground this spring on a hospital and medical office building, which will include an ASC, an emergency room and 95 surface parking spaces. A $7 million orthopedic ASC opened in Youngstown, Ohio. Bienville Orthopedic Specialists in Missis- sippi is getting a new ASC. Duke Raleigh (N.C.) Hospital opened an eye surgery center in a newly renovated medical office building. Lincoln, Neb.-based Advanced Medical Imaging opened a surgery center attached to its main practice. A gastroenterologist and a pain medicine phy- sician are opening an ASC in Southold, N.Y. Valley-based East Alabama Medical Center- Lanier Hospital celebrated its 70th birthday with Administrator Greg Nichols hinting at things to come, including an ASC. Details on the ASC were sparse, but Mr. Nichols made it sound as if the center would open soon. An ASC and imaging center opened in Win- dermere, Fla. Surgical Management Professionals is open- ing its first cardiology ASC. Bronson Healthcare in Kalamazoo, Mich., is planning an orthopedic ASC. A Newport News, Va., medical office build- ing with an ASC held a ribbon-cutting. e Albert Lea (Minn.) Healthcare Coalition raised the funds to purchase a former de- partment store, which it will redevelop into a healthcare complex with an ASC through a joint venture. AmSurg opened an ASC in Glen Burnie, Md. A former office and retail building in Phoenix is being remodeled to make way for an ASC. Construction is progressing on the Grass Lake (Mich.) Surgery Center, an $8 million orthopedic and neurosurgery center set to open this fall. Glendale-based Ascension Wisconsin opened a $42 million medical center in Mount Pleasant, Wis., that will eventually include an ASC. Cohen Children's Medical Center has opened an outpatient pediatric practice with a surgery center in New York. Britt, Iowa-based Hancock County Health System opened a surgery center Feb. 5. Construction on the Surgery Center of North Texas in Anna is slated to wrap up in July. A $38.5 million ASC and medical office build- Physicians acquire majority stake in 35-hospital health system from PE firm By Ayla Ellison Dallas-based Steward Health Care is now the largest physician-owned health- care system in the U.S. The 35-hospital system announced June 2 that a management group of Stew- ard physicians led by the company's CEO and founder acquired a controlling interest of Steward from Cerberus Capital Management, a private equity firm. The physicians will control 90 percent of the company and Medical Properties Trust will maintain its 10 percent stake. "The COVID-19 global pandemic has exposed serious deficiencies in the world's healthcare systems, with a disproportionate impact on underserved communi- ties and populations," Steward CEO and Founder Ralph de la Torre, MD, said in a news release. "We believe that future healthcare management must completely integrate long-term clinical needs with investments. As physicians first, we will focus on creating structures and timelines that meet the long-term needs of our communities and the short-term needs of our patients." Steward was founded more than a decade ago, and Cerberus invested in the company in 2010. Today, Steward has 35 hospitals in nine states and more than 40,000 employees. n