Methodist Health forms joint venture to acquire, develop ASCs

Dallas-based Methodist Health System, a 12-hospital system, has partnered with Surgery Partners to acquire and open ambulatory surgery centers in North Texas. 

The ASCs will offer patients more cost-effective and convenient options for surgical and procedural care closer to him, Methodist said in an Aug. 14 news release. The ASCs will provide physicians an investment opportunity as well as a path to be more directly involved in the facility where they provide care.

Nashville, Tenn.-based Surgery Partners, one of the country's largest ASC chains, will manage the Methodist Mansfield (Texas) Ambulatory Surgery Center, and the two organizations will work together to acquire and develop new ASCs in the region..

"ASCs add a new option to provide convenient and cost-effective care for outpatient surgery," Methodist CEO James Scoggin, Jr. said. "The collaborative efforts with Surgery Partners will not only meet market demands but will provide new job opportunities across the region. It's a win-win."

Surgery Partners has also signed similar ASC agreements with Salt Lake City-based Intermountain Health and Columbus-based OhioHealth.

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