St. Barnabas Health Care System, West Orange, N.J., signed a joint market development agreement with Surgical Care Affiliates, Birmingham, Ala., to buy ownership in physician-owned ambulatory surgery centers in northern and central New Jersey, the two organizations announced.
St. Barnabas, Surgical Care team for deals
Surgical Care Affiliates, a for-profit developer and operator of ambulatory surgery centers and surgical hospitals, will provide day-to-day management services for centers that are purchased via the joint effort, according to a news release from the organizations.
St. Barnabas, a six-hospital not-for-profit system, also operates St. Barnabas Ambulatory Care Center, Livingston, N.J., and its Pediatric Specialty Center in Toms River, N.J., according to the system's website.
Surgical Care Affiliates "operates 125 ambulatory surgery centers and surgical hospitals, in partnership with approximately 2,000 physicians and 20 not-for-profit health systems across the country," according to the news release.
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