Issue link: https://beckershealthcare.uberflip.com/i/1499344
53 TRANSACTIONS Surgery Partners acquires Kansas spine hospital By Paige Haeffele Nashville, Tenn. -based Surgery Partners has acquired Kansas Spine & Specialty Hospital in Wichita, Kan. Kansas Spine and Specialty Hospital is a physician-owned spine, neck and joint hospital with an on-campus pain center specializing in chronic and acute pain diagnosis and treatment, according to an email shared with Becker's by Merritt Healthcare Advisors, which facilitated the transaction. The real estate in which the center was located was sold to a third party in a separate transaction, according to Merritt. n Surgery Partners to manage Intermountain Health ASCs By Claire Wallace S alt Lake City-based Intermountain Health and Nashville, Tenn.-based healthcare services company Surgery Partners have signed a collaboration agreement in which Surgery Partners will take over management of Intermountain's existing ASCs in Utah and Idaho and will develop more ASCs in other select markets. Surgery Partners has an outpatient delivery model focused on cost-effective solutions for surgical and related ancillary care. "We have chosen Surgery Partners because the organization is uniquely aligned with Intermountain Health's vision to provide extraordinary care and superior service at an affordable cost. Through this collaboration agreement, Intermountain Health will accelerate our efforts to add more ASCs in the communities we serve and to provide more affordable healthcare options," Dan Liljenquist, Intermountain's chief strategy officer, said in an April 28 press release. n Kaiser to acquire Geisinger: What ASCs need to know By Patsy Newitt Oakland, Calif.-based Kaiser Permanente has inked a deal to acquire Geisinger Health and its more than 1,700 physicians. Here's what ASCs need to know: 1. rough the deal, Danford, Pa.-based Geisinger will be the first to join Risant Health, a new nonprofit organization created by the Kaiser Foundation Hospitals. 2. Risant Health, which will operate separately from Kaiser's coverage model, aims to expand the adoption of value-based care in multi-payer and multi-provider health system environments. 3. Health systems that join Risant Health will continue to operate as regional health systems, but through Risant's value-based platform. 4. e deal, which still awaits regulatory approval, is not structured as a traditional purchase, but Kaiser is expected to provide about $5 billion in funding for Risant Health, e Wall Street Journal reported April 26. 5. Geisinger will maintain its name and mission, and Geisinger President and CEO Jaewon Ryu, MD, will become CEO of Risant Health once the transaction closes. n VMG Health acquires healthcare consulting firm By Claire Wallace Healthcare strategy and advisory firm VMG Health has acquired healthcare consulting firm BSM Consulting. In 2020, private equity firm Northlane Capital Partners became a part owner in VMG Health through an investment, alongside VMG employees, according to a May 1 press release. BSM has provided expertise to clients in ophthalmology, medical aesthetic specialists and ASCs through its Progressive Surgical Solutions division since 1978. e acquisition brings together BSM's management consulting and operational solutions and VMG's transaction, compliance and physician alignment knowledge. "On behalf of all BSM stakeholders, I want to express our gratitude and excitement for the opportunity to partner with VMG Health. It was especially important to join a company where there would be strong synergies and alignment with our vision and values. e combination of our companies will provide a tremendous opportunity to deliver enhanced value to our clients and employees," Bruce Maller, BSM's founder, said in the release. n