CommonSpirit Senior Executive Vice President and CFO Michael Browning said the Chicago-based system needs to diversify its portfolio operationally and on the investment side and sees ASCs as a “good expansion opportunity.” With $40 billion in annual revenue, CommonSpirit has many opportunities in the markets it serves, as well as outside markets, Mr. Browning said on the system’s March 3 investor call.
Read the full article: CommonSpirit Eyes ASC Growth to Diversify Portfolio //
Source: https://www.beckersasc.com/asc-transactions-and-valuation-issues/commonspirit-eyes-asc-growth-to-diversify-portfolio/