Nueterra Cos., Leawood, Kan., has acquired a minority interest in an ambulatory surgery center owned by physician investors and three-hospital Beaumont Health System, Royal Oak, Mich. Nueterra, which operates 30 outpatient surgery centers nationwide, will manage the Macomb Township, Mich.-based center, according to a jointly issued news release (PDF).
Nueterra buys stake in Mich. ASC
Terms of the deal, which took effect Jan. 1, were not disclosed.
Beaumont Health System and physician investors will retain equity ownership of the center, which opened in 2007.
Nueterra officials said the company will use its group purchasing contracts to lower the center's operating costs.
"Our new relationship with Beaumont Health System is the result of Nueterra's focus on developing innovative strategies that help health systems achieve their long-term goals for growth and profitability," Nueterra CEO David Ayers said in the release.
According to Nueterra's website, the company specializes in "developing joint-venture equity partnerships with health systems, hospitals and physicians to drive long-term growth."
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