Austin Surgical Hospital Acquired by Arise Austin
Arise Austin Medical Center purchased all of the assets—licenses, permits and equipment—of Austin Surgical Hospital and finished the resyndication process July 15, AAMC CEO Diana Zamora said.
Zamora said that by resyndicating, the hospital allowed for a smoother transition and for quicker asset transactions. The resyndication also let AAMC purchase the facility without acquiring any of the previous owner’s debt.
The 23-bed, 55,192-square-foot facility at 3003 Bee Caves Road is a Medicare-accredited and -grandfathered facility that will continue to accept all major insurance payers, Zamora said.
The Community Impact Newspaper’s full story can be found at: http://impactnews.com/austin-metro/lake-travis-westlake/austin-surgical-hospital-acquired-by-arise-austin/