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USC to invest in surgery centers with for-profit partner
Modern Healthcare

Keck Medicine of the University of Southern California, an academic medical center based in Los Angeles, has agreed to develop a network of ambulatory surgery centers throughout the area with Surgical Care Affiliates, a publicly traded operator of surgical centers.

Industry observers, including Moody’s Investors Service, view ambulatory surgery centers as a growing business line. More procedures are being taken out of hospital outpatient departments and into facilities considered to be more cost-effective, like surgery centers.