Grandview Surgery Center (Grandview) is a freestanding outpatient surgery facility with operating rooms specially designed for same-day procedures. Located in Camp Hill, Pennsylvania, Grandview has experience providing services in anesthesiology, general surgery, ophthalmology, orthopedic surgery, plastic surgery, podiatry and urology. North East Surgery Center (NESC) is an independent ambulatory surgery center located in Scranton, Pennsylvania, specializing in general surgery, ophthalmology, orthopedic surgery, otorhinolaryngology, pain management, plastic surgery, podiatry, and urology.
Geisinger Health (Geisinger) sought value in a controlling ownership in NESC and wanted to simultaneously divest its equity interest in Grandview. This case study details how BGL’s Healthcare Facilities team advised Geisinger during negotiations with Surgical Care Affiliates (SCA) and performed thorough valuations of both Grandview and NESC.