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Nobilis Expands Footprint to Galveston County With Acquisition of Surgery Center

Tuesday, September 20, 2016

Nobilis Health Corp. announced that it has acquired an Ambulatory Surgery Center (ASC) in Dickinson, TX which will operate as a Hospital Outpatient Department (HOPD) of Nobilis' Bellaire Surgical Hospital. The new 8,387 square-foot facility has two operating suites, four pre-operative beds, and four recovery beds and will provide multispecialty services including those offered under Nobilis' six direct to consumer marketing brands. This ASC expands Nobilis's geographic reach into the southeast Houston Metro area, allowing it to reach doctors and patients currently unserved by its existing Houston-area facilities.

Nobilis Currently operates five other facilities in the Greater Houston Metropolitan area. The Greater Houston Metropolitan area is the fifth largest in the country and consists of 6.5 million people spread across 1,600 square miles and nine counties. The area includes the cities of Houston, The Woodlands, Katy, Clear Lake, Pearland, Sugar Land, Galveston, Dickinson, and many smaller communities. The new facility is located in the southeast region of the metropolitan area and will serve the communities of Clear Lake, Pearland and Galveston.

The transaction includes the lease of the facility location, the acquisition of necessary medical equipment and inventory for a nominal purchase price, the transfer of the ASC license and the execution of a campus management agreement through which Nobilis will manage the outpatient department.

"This expansion taps into our ability to drive volume and revenue from our Sales and Marketing division, as seen from the success we've had in the Dallas, Plano, Phoenix, Scottsdale and Houston areas," said Kenneth Efird, President of Nobilis. "By adding this ASC we will be able to serve new patients and new physicians who are currently outside the reach of our existing Houston locations."

 

Source : investors.nobilishealth.com