May 31, 2017
Surgical Care Affiliates (SCA) has made an equity investment in Western Connecticut Orthopedic Surgery Center (WCOSC). WCOSC, a multi-specialty facility in Danbury, Conn., has 14 physician partners specializing in orthopedic and spine procedures. With this investment, SCA now has a network of seven surgery centers operating and under development in the state.
April 21, 2017
In a recently published case study, SCA shares the expansion of its cardiovascular program. The number of cardiovascular procedures performed at ambulatory surgery centers (ASCs) continues to increase. In particular, there is significant opportunity to migrate clinically appropriate PV procedures, with a majority of cases being performed in a hospital setting. Many physicians and patients find ASCs to be a preferred setting due to the high-quality care and convenient and comfortable environment.
January 09, 2017
Optum, a leading health services company and part of UnitedHealth Group (NYSE:UNH), and Surgical Care Affiliates, Inc. (NASDAQ:SCAI), a leading ambulatory surgery center (ASC) and surgical hospital provider, are combining. The combination of SCA with OptumCare, Optum’s primary and urgent care delivery services business working with more than 80 health plans, will position the combined organization as a comprehensive provider of ambulatory care services, while continuing expansion of SCA’s network of ASCs and surgical hospitals in partnership with leading health systems, medical groups and health payers.
December 16, 2016
Surgical Care Affiliates, a leader in the outpatient surgery industry, has partnered with Midwest Center for Day Surgery, a joint venture owned by Advocate Health Care and community physicians, effective December 1, 2016. SCA has also acquired Midwest Surgical Management Group, LLC, a joint venture between Advocate and community physicians.
December 12, 2016
Surgeons at The Orthopaedic & Sports Medicine Center (OSM) have begun offering outpatient total hip, knee and shoulder procedures at The Surgery Center of Fairfield County in Trumbull.
“We were extremely impressed with how efficiently everything was handled and how friendly yet professional all the staff members were, from reception to surgeon” said Mr. James Sorensen of Easton, one of the first to receive outpatient total hip replacement surgery. “Thank you so much for such outstanding care.”
The benefits of this surgery to outpatients, meaning those who don’t have to remain in the hospital post-surgery, are multifaceted. These benefits include comfort and convenience, lower exposure time to hospital-borne infections, a lower cost relative to a hospital stay and the ability to recover in the comfort of one’s own home. Because of advances in implant technology, pain management techniques and the expertise of the surgeons, recovery times are expedited, and hip and knee patients are able to walk short distances before leaving the surgery center.
Dr. Peter Boone, who performs more than 200 joint replacements annually and performed Mr. Sorensen’s hip replacement commented, “For joint replacement patients that are healthy, motivated and have a strong home support system, we believe that recovering in one’s own home is a better experience that encourages mobility early on in the recovery process. Our patients are extremely pleased with their experience at the Surgery Center. We have physicians, nurses and surgical technicians that strive hard every day to make sure they have the best possible outcomes.”
About Surgery Center of Fairfield County
Conveniently located in Trumbull, Connecticut just off the Merritt Parkway, The Surgery Center of Fairfield County is a state-of-the-art multi-specialty surgical center offering a full range of elective procedures including orthopedic, pain, spine, ENT, gastroenterological, ophthalmology, gynecology and urology. The facility is a joint venture between local independent physicians and Surgical Care Affiliates. More information can be found at http://www.surgerycenteroffairfieldcounty.com.
About The Orthopaedic & Sports Medicine Center
The Orthopaedic & Sports Medicine Center is the greater Bridgeport area’s premier orthopaedic, sports medicine, spine, pain and physician therapy practice. OSM providers deliver the most complete musculoskeletal care available utilizing primary care, podiatry, physiatry, chiropractic and physical trainers. OSM has offices in Trumbull, Fairfield, Shelton, and Stratford. Additionally, OSM offers a convenient walk-in clinic with extended hours at its Trumbull facility. More information can be found at http://www.osmcenter.com.
December 12, 2016
SCA, a leader in the outpatient surgery industry, has partnered with The Surgery Center at Doral effective December 1, 2016. This partnership establishes SCA’s presence in the Miami market as SCA continues to strategically collaborate with physicians and health plans to provide patients access to high quality surgical care at a lower cost. SCA now operates 16 surgical facilities in the state of Florida.
December 08, 2016
New research, published in the Journal of the American Academy of Orthopaedic Surgeons (JAAOS), found greater use of ambulatory surgical centers create cost savings and improve care for outpatient surgical bone and joint procedures compared to costs at a university-based hospital.
November 14, 2016
Surgical Care Affiliates, a leader in the outpatient surgery industry, has partnered with River Valley Ambulatory Surgery Center (“RVASC”), a multi-specialty facility in Norwich, Connecticut with 24 physician partners. RVASC, in addition to the recently announced partnership with Surgical Center of Connecticut, increases SCA’s network of surgical facilities in the state to six locations.
November 14, 2016
Surgical Care Affiliates, a leader in the outpatient surgery industry, has partnered with Surgical Center of Connecticut (“SCC”), effective Nov. 1, 2016. This investment aligns SCA with an additional 20 high-quality physicians, and, with the recently announced partnership with River Valley Ambulatory Surgery Center, expands SCA’s portfolio in Connecticut to six locations.
November 03, 2016
SCA’s Rancho Bernardo Surgery Center makes medication preparation a constant area of focus, says Stephanie McIntosh, RN, administrator for the San Diego, California-based ASC. “Keeping it at the forefront of everyone’s mind is what keeps us vigilant with following regulations and proper practices.”
November 01, 2016
Surgical Care Affiliates (NASDAQ: SCAI), a leading provider of surgical services, today announced results for the third quarter and nine-months ended September 30, 2016. For the three-months ended September 30, 2016, SCA’s net operating revenue was $322.8 million, an increase of 25.2% over the prior year third quarter. For the third quarter of 2016, net income attributable to SCA was $13.3 million down 88.8% from $118.6 million in the third quarter of 2015. During the third quarter of 2015, the Company recognized a one-time, non-cash tax valuation allowance release which totaled $106.1 million. Excluding the one-time tax valuation allowance release in the third quarter of 2015, net income attributable to SCA in the third quarter of 2016 would have grown 6.3%. Adjusted EBITDA less NCI grew to $47.9 million in the third quarter of 2016, a 13.4% increase from the prior year period.
October 14, 2016
Cardiac rhythm management (CRM) procedures (pacemakers, AICDs, battery change-outs and cardiac event monitors)are an increasing area of growth for ambulatory surgery centers (ASCs). Following the path of complex spine and total joint procedures that are rapidly migrating to an outpatient setting, physicians are realizing the benefits of performing cardiovascular procedures at an ASC.
October 13, 2016
Dr. Ira Kirschenbaum is a total knee replacement specialist and chairman of the Department of Orthopedics at Bronx-Lebanon Hospital Center in New York. He has performed over 3,500 total knee replacements in his career. When he needed a new knee himself, he kept a journal documenting his surgery and recovery, for the first time, as the patient. This unique experience offers a remarkable perspective for both surgeons and patients.
October 05, 2016
Ambulatory surgery centers are performing higher acuity cases and present opportunities for the healthcare system to provide optimal care for patients at a lower cost. “ASCs have a significant impact in the broader healthcare model and present a value proposition for health systems and payers to provide high quality of care at a lower cost,” says George Gjermano, Surgical Care Affiliates’ vice president of organic growth “There is an increased focus from payers, providers and health systems to work with ASCs to perform outpatient surgical procedures.”
September 13, 2016
SCA has partnered with Executive Surgery Center. This partnership establishes SCA’s presence in the Houston market as SCA continues to strategically collaborate with physicians and health plans to provide patients access to high quality care at lower cost.
August 31, 2016
Surgical Care Affiliates, Inc., a leader in the outpatient surgery industry, and Virtua Health, one of New Jersey’s largest health systems, have been chosen to partner with Bergen-Passaic Cataract Laser and Surgery Center. This investment expands the SCA and Virtua partnership in New Jersey to nine surgery centers, and 20 collectively between the two organizations.
August 17, 2016
Surgical Care Affiliates, Inc., a leader in the outpatient surgery industry, has been chosen to partner with Surgery Center of Chevy Chase (“SCCC”). This investment brings SCA’s presence in Maryland to six locations and aligns SCA with an additional 24 high-quality physicians.
August 02, 2016
Surgical Care Affiliates, Inc., a leading provider of surgical services, announced results for the second quarter and six-months ended June 30, 2016.
July 22, 2016
SCA Chairman & CEO Andrew Hayek delivers the keynote speech at Becker’s Annual Spine, Orthopedic and Pain Management Conference. Video embedded below:
July 14, 2016
SCA recently published its fourth case study, which features the MemorialCare Outpatient Surgical Center at Long Beach.
July 14, 2016
Surgical Care Affiliates has partnered with Raritan Valley Surgery Center. This investment brings SCA’s presence in New Jersey to 13 locations and aligns SCA with an additional 19 high-quality physicians.
June 15, 2016
June 15, 2016
SCA has partnered with Naperville Surgical Centre, a joint venture owned by Advocate Health Care and DuPage Medical Group. Advocate and SCA entered a joint venture to acquire and develop a surgery center network in early 2015.
June 09, 2016
Modern Healthcare featured the total joint replacement programs at SCA’s Mississippi Valley Surgery Center and St. Cloud Surgical Center in a recent article about the migration of these procedures to an ASC setting.
June 06, 2016
Surgical Care Affiliates, Inc. (“SCA”), today announced that it has been selected by the physician members of Grove Place Surgery Center (Grove Place) in Vero Beach, Florida to become a partner, effective June 2, 2016. The partnership operates an ambulatory surgery center (ASC) that represents an important access point for surgical services for the Vero Beach community. As of March 31, 2016, SCA operates 194 surgical facilities across the country, including 16 ASCs in partnerships with more than 190 physicians in Florida.
May 16, 2016
SCA has made an investment in SwiftPath, LLC, which develops evidence-based, rapid recovery protocols vetted by expert opinion that enable surgeons to provide patients with the option to have hip and knee replacements on an outpatient basis. SCA’s investment in SwiftPath will be used to expand the network of surgeons who are offering this important clinical option to patients in a safer and more cost effective manner.
May 12, 2016
Surgical Care Affiliates, Inc., a leading provider of surgical services, announced today that Kenneth R. Goulet will join its Board of Directors, effective June 1, 2016.
May 11, 2016
The physician members of Thomas Johnson Surgery Center (“TJSC”) in Frederick, Maryland have partnered with Surgical Care Affiliates, Inc. (“SCA”), effective May 1, 2016. The partnership operates a multispecialty ambulatory surgery center with a track record of providing high-quality, low-cost services to the growing Frederick market, bringing the SCA network of surgical facilities in Maryland to a total of five.
May 02, 2016
The physician members of Dublin Surgery Center (“DSC”) in Dublin, Ohio have partnered with Surgical Care Affiliates, Inc. (“SCA”), effective May 1, 2016. The partnership operates an ambulatory surgery center that represents an important access point for high-quality, low-cost surgical services in Dublin, a northern suburb of Columbus, Ohio. The partnership represents SCA’s first equity investment in Columbus, Ohio and the opportunity to partner with 14 high-quality physicians.
April 12, 2016
Surgical Care Affiliates, Inc. (“SCA”) has partnered with the physician-members of Gladiolus Surgery Center (Gladiolus), effective April 1, 2016. The partnership operates an ambulatory surgical facility that represents an important access point for surgical services for the Fort Myers community. Upon partnering with Gladiolus, SCA now operates four ASCs in partnership with more than thirty physicians on Florida’s southwest coast.
March 22, 2016
Surgical Care Affiliates, Inc. (“SCA”) has partnered with HealthEast (“HealthEast”) in St. Paul, Minnesota, effective March 1, 2016 on a merger of HealthEast’s Midway Surgery Center (“Midway”) and Maplewood Surgery Center (“Maplewood”), a joint venture owned by HealthEast, SCA, and physician investors. The merger strengthens SCA’s and HealthEast’s position in the St. Paul market as a provider of high quality, low cost surgical services.
March 14, 2016
SCA has partnered with the physician members of Merritt Island Surgery Center in Merritt Island, FL, effective March 1, 2016. The partnership operates an ambulatory surgical facility that represents an important access point for high quality, low cost surgical services on Florida’s central east coast (the Space Coast.) This partnership expands SCA’s presence on the Space Coast to three locations and aligns SCA with an additional 13 high-quality physicians.
February 18, 2016
“Surgery and imaging is going to move out of the hospitals whether we want it to or not. We felt that, long-term, operating joint ventures was the right thing to do.”
February 17, 2016
Surgical Care Affiliates, Inc. (“SCA”) has partnered with the physician members of Winchester Endoscopy Center (“WEC”) in Libertyville, IL. The partnership opened a new ambulatory surgical facility in January that represents an important access point for high quality, low cost gastroenterology services in the community. This partnership expands SCA’s presence in the Chicago area to six locations and aligns SCA with an additional six high-quality physicians.
February 05, 2016
Ambulatory surgery centers are developing new payer strategies as the healthcare market evolves toward value-based care. “There is tremendous pressure on healthcare costs that can naturally pressure health plans to seek unit cost reductions,” says Brian Mathis, senior vice president, strategy and payment innovation at Surgical Care Affiliates. “Where we have seen our greatest successes is when we are able to work with health plan executives to devise a market wide strategy to ultimately reduce the cost of care for surgery.”
February 04, 2016
Surgical Care Affiliates, Inc. (“SCA”) has partnered with the physician members of the Center for Minimally Invasive Surgery (“CMIS”) in Mokena, IL, effective January 1, 2016. The partnership operates an ambulatory surgical facility that represents an important access point for high quality, low cost surgical services in Mokena and the surrounding region. This partnership expands SCA’s presence in the Chicago area to five locations and aligns SCA with an additional seventeen high-quality surgeons.
December 11, 2015
Surgical Care Affiliates, Inc. has partnered with the physician members of Surgery Center of Athens (SCOA) in Athens, GA, effective December 1, 2015. The partnership operates an ambulatory surgical facility that represents an important access point for high quality, low cost surgical services in Athens and the surrounding region. This transaction expands SCA’s presence in Georgia to three locations and aligns SCA with an additional thirteen high-quality physicians.
November 10, 2015
The Physicians Surgical Care Center opened in Orlando, according to an Orlando Sentinel report.
Here are five key notes:
1. The surgical center is a partnership between Jewett physicians, Florida Hospital, Surgical Care Affiliates, JLR Center for Pain Medicine and The Ear, Nose & Throat & Plastic Surgery Associates…
November 07, 2015
“The ACA was a political response to a specific set of issues,” said Andrew Hayek, CEO of Surgical Care Affiliates. “It was highly imperfect and physician employment was accelerated because of it. One good thing that came out of it, there are now more people insured than before. The number of uninsured Americans has dropped. We had some trepidation about whether the patients on the exchange would be reimbursed at Medicaid rates and they are not.”
October 30, 2015
Surgical Care Affiliates launched a new website earlier this week that includes information about the company’s values, mission and vision in addition to current partnerships and news.
“We designed our new website to capture the great progress we are making as a community in providing outstanding patient care, serving our physicians, partnering with health plans and health systems, and ultimately giving back to our communities,” said Brian Mathis, senior vice president, strategy and payment innovation at Surgical Care Affiliates.
October 29, 2015
Deerfield, IL – Surgical Care Affiliates, Inc. (“SCA”) has partnered with the physician members of four surgical facilities, located in Austin, TX. The four facilities, Arise Austin Medical Center, Cedar Park Surgery Center, Stonegate Surgery Center, and Hays Surgery Center, provide patients and physicians convenient access to high quality, lower cost surgical care across the Austin market. In the transaction, SCA acquired Arise Healthcare’s (“Arise”) interest in each of the facilities, and SCA will provide management services to the facilities.
This transaction expands SCA’s presence in Austin from one location, Northwest Hills Surgical Hospital (“NHSH”), to five convenient locations, aligning more than one hundred high-quality physicians to service Austin’s rapidly growing population.
“Arise Healthcare has developed a robust network of surgical facilities and we’re very pleased to have partnered with an outstanding group of physicians focused on providing exceptional patient care,” said Bill Linder, a Vice President at SCA.
Founded in 2009 by Dr. Robert Wills and Jared Leger, Arise set out with a goal to provide independent physicians with a venue to deliver the highest quality care to their patients. The joint venture provides a platform from which to expand on that mission by leveraging SCA’s systems, expertise, and scale.
September 01, 2015
Advanced Surgical Hospital (ASH) in Washington, PA, is the newest physician-owned hospital to join SCA. Recognized by Physician Hospitals of America (PHA) as the 2014 Physician-Hospital of the Year, the hospital has received numerous awards for providing quality, value and service to meet the healthcare needs of their community. The partnership between ASH and SCA will tap into core strengths and competencies of both companies to enhance the quality of patient care and reduce costs to consumers. The hospital has 14 inpatient beds and four operating rooms. SCA will provide day-to-day management services.
August 25, 2015
Surgical Care Affiliates, Inc. (NASDAQ:SCAI) (“SCA”) announced today that Michael A. Sachs will join its Board of Directors, effective September 1, 2015. Mr. Sachs served as Chairman and CEO of Sg2, a healthcare analytics and consulting firm which was sold to MedAssets last year. Prior to founding Sg2, Mr. Sachs served as Chairman and CEO of Sachs Group, which provided health care planning and marketing services to hospitals and health plans, and founded bSwift, an on-line benefits administration firm that was acquired by Aetna. Previously, Mr. Sachs was a consultant with Ernst & Whinney and with AT Kearney.
June 30, 2015
Since the beginning of the year, SCA has added eleven new partnerships to their growing community, welcoming new teammates and physicians at the following facilities:
This continued growth enables the SCA team to fulfill their mission of improving healthcare in America.
March 16, 2015
Written by Shannon Barnet, Becker’s Hospital Review
For the second year in a row, the list features both healthcare providers as well as other types of healthcare-specific companies, such as consulting firms, health IT vendors, medical societies and more. A version of this list has been published every year since 2011.
March 09, 2015
The CORE Institute
The CORE Institute, an integrated orthopedic and neurology practice with locations in Arizona and Michigan, announced that they have partnered with Surgical Care Affiliates (“SCA”, NASDAQ: SCAI), a prominent surgical solutions and specialty surgical services provider, and six local independent physicians1 to open The CORE Institute Specialty Hospital in Phoenix, Ariz.
December 29, 2014
Written by Laura Dydra, Becker’s ASC Review
St. Cloud Surgical Center is the first ambulatory surgery center in the United States to use the Xenex germ-zapping robot to disinfect operating rooms.
December 28, 2014
From Business Wire, Yahoo Finance
Xenex Disinfection Services today announced that St. Cloud Surgical Center is the first ambulatory surgery center in the U.S. and the first healthcare facility in St. Cloud to utilize a Xenex germ-zapping robot.