Sponsored by VMG Health | info@vmghealth.com | 214.369.4888

UHS inks deal to build out network of ASCs

King of Prussia, Pa.-based Universal Health Services, in partnership with Westchester, Ill.-based Regent Surgical Health, will build out a network of ambulatory surgery centers across the U.S.

The two organizations have formed a joint venture entity that will build and operate the ASCs. Currently, UHS has 40 outpatient facilities and the partnership aims to expand the health system's ambulatory capabilities.

"UHS has established and expanded its substantial leadership position in the acute care hospital space... Being a leader means providing the highest quality care every day. By engaging with Regent, we further extend that commitment to patients through ambulatory surgery centers," said Marvin Pember, executive vice president and president of the acute care division at UHS.

More articles on healthcare industry transactions:

Banner acquires Colorado hospital
RWJBarnabas to buy 2 New Jersey hospitals
Healthcare M&A spending tops $51B in Q3

© Copyright ASC COMMUNICATIONS 2020. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.

 

Featured Content

Featured Webinars

Featured Whitepapers