Becker's Spine Review

November/December, 2017, Becker's Spine Review

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46 OUTPATIENT SURGERY Which ASC Company Has Grown the Most in 2017? By Laura Dyrda A SC companies are continuing to expand, acquiring centers and part- nering with physicians on de novo ASCs. Here is a snapshot of company growth over the past eight months for seven ASC companies. Note: Totals include the ASCs that have opened in 2017 and centers expected to open through the end of the year. Exact numbers were not available for all ASC companies. SurgCenter Development (25) In February, SurgCenter Development opened its 100th center: Grand Rapids (Mich.) Surgi- cal Suites. e company now has 105 centers aer signing on 17 new de novo centers and licensing eight ASCs this year. SurgCenter Development centers focus on orthopedics, otorhinolaryngology and occuloplastics. e company's facilities treat more than 190,000 patients annually and provided around 7,000 joint replacements in 2016. Physicians Endoscopy (17) Physicians Endoscopy has added 17 centers so far in 2017, three of which are currently under development. e GI-focused chain has 58 centers under its belt with 55 current- ly open and operational. In April, Frontier Healthcare became part of Physicians Endos- copy, which has partnerships with more than 550 gastroenterologists who perform more than 490,000 procedures annually. Surgical Care Affiliates (9) Six ASCs have joined Surgical Care Affiliates' network so far in 2017, and the company developed two de novo centers with a third expected to open before the end of the year. In January, UnitedHealth Group announced plans to acquire Surgical Care Affiliates, then a 205-center company, for $2.3 billion and combine the company with Optum to create UnitedHealth Group's OptumCare business. AmSurg (6)* As of June 30, AmSurg added six new ASCs, bringing its total number of centers to 263. e company, which celebrated its 25th anniversa- ry in April, merged with Envision Healthcare in December 2016. AmSurg physicians have performed more than 12 million procedures over the past decade and currently have part- nerships with more than 2,000 physicians. Regent Surgical Health (3) Regent Surgical Health worked with physician partners to open Surgery Center of Wasilla (Alaska) and Mt. Pleasant (Pa.) Surgery Cen- ter in 2017, and plans to open East Hills (N.Y.) Surgery Center later this year. Once East Hills is open, Regent will have 23 surgery centers across the country. USPI and Tenet: (3)* As of June 30, USPI Tenet had around 460 outpatient centers, including three ASCs added during the first half of the year. In the second quarter of 2017, the company reported 2.8 percent increase in ambulatory segment revenue, but 0.5 percent decrease in ambulatory cases. Surgery Partners Surgery Partners reported 103 surgical facilities as of June 30, and completed its $760 million acquisition of National Surgi- cal Healthcare in August to bring the com- pany's surgical facility ownership count to around 125 facilities across 32 states. Sur- gery Partners' network includes around 5,000 physicians as well as surgical hospi- tal, diagnostic laboratory, multispecialty physician practice and urgent care facility locations. *As of June 30, 2017. n The CORE Institute, Banner Health JV on Orthopedic ASC: 5 Things to Know By Mary Rechtoris P hoenix-based The CORE Institute partnered with Arizona's largest health system, Banner Health, on a new orthopedic-driven ASC, Banner CORE Union Hills Surgery Center. Here are five things to know: 1. The two parties struck a new ownership agreement for the former Banner Del E. Webb Surgery Center in Glendale, Ariz. As per the partnership, the new ASC will operate under the name, Banner CORE Union Hills Sur- gery Center. 2. The ASC will offer orthopedic services such as knee re- placements, spine, pain management, sports medicine and foot and ankle surgery. 3. Banner Health will hold a majority stake in the ASC, with the deal giving The CORE Institute a minority stake. Physi- cians both affiliated and unaffiliated with The CORE Insti- tute will provide services at the center. 4. Banner Health employees will staff the center and the ASC will utilize Banner's EMR system. 5. David Jacofsky, MD, chairman and CEO of The CORE Institute, said the following about the partnership: "We're building upon the reputation of Banner Health and The CORE Institute to manage outpatient cases efficiently. We will deploy proven pathways and protocols, create efficien- cies in an outpatient setting and provide optimal patient outcomes all while focusing on a specialty patient-cen- tered approach." n

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