The Oregon Health Authority has approved a material change transaction that will transfer ownership of five ASCs in the state from Envision Healthcare to its ASC-focused subsidiary AmSurg. Envision filed for bankruptcy in May, later announcing plans to separate from AmSurg, which has taken ownership of the struggling company’s ASC portfolio. All of Envison’s ASCs will be part of AmSurg and will no longer have any affiliation with Envision. Pacific Investment Management Co., a creditor, will be AmSurg’s new majority owner.
Read the full article: Oregon Health Authority Approves AmSurg’s Takeover of 5 ASCs //