Day Surgery at RiverBend

What Day Surgery at RiverBend does

Day Surgery at RiverBend is a multi-specialty ambulatory surgery center (ASC) operated as RiverBend ASC, LLC, located at 3355 RiverBend Drive, Suite 110, in Springfield, Oregon. The facility serves patients in the Springfield and Eugene, Oregon market and operates three operating rooms Monday through Friday from 7am to 5pm. The center offers outpatient surgical services across seven specialties — General Surgery, Neurosurgery, Otolaryngology (ENT), Podiatry, Gynecology, Orthopedic, and Pain Management — plus a dedicated pediatric surgery track. It is supported by a clinical staff of 60+ surgeons across multiple specialties and board-certified anesthesiologists from Northwest Anesthesia Physicians P.C. The center is fully accredited, HIPAA-compliant, and co-located with RiverBend Hospital on the Sacred Heart Medical Center RiverBend Campus to provide immediate hospital backup for surgical complications.

The center functions as a referral-driven surgical facility. Patient acquisition flows primarily through the surgeon network: patients are referred by their primary care physicians or specialists to surgeons who operate at the facility, and the center coordinates scheduling directly with surgeons' offices. Patients can pre-register online or by phone. Operationally, the facility positions itself as a lower-cost, lower-friction alternative to hospital-based outpatient surgery, citing reduced out-of-pocket expenses for patients and shorter wait times for both patients and surgeons. Self-reported clinical outcomes — "fewer incidents of hospitalizations and infections compared to other surgery centers" — are the primary quality differentiator, though no third-party benchmarking or audited outcomes data is cited.

The business model is transaction-based surgical billing. The center contracts with 20+ commercial insurance carriers, Medicare, Medicare Advantage Plans, Medicaid, Oregon Health Plan, workers compensation, and auto insurance. Self-pay patients receive cost estimates prior to surgery, with discounts available for upfront payment and interest-free extended payment plans of up to 120 days. Ownership is a joint venture: Health Ventures holds 51.02% (controlling interest) and a 17-physician local ownership group holds the remaining 48.98%, aligning physician incentives with facility economics. Revenue is not publicly disclosed.

Name

Day Surgery at RiverBend

Legal name

RiverBend ASC, LLC

Website

https://riverbendasc.com

Company type

Private

Founded year

2006

Operating status

Operating

Headcount range

1–10 employees

Short description

Multi-specialty ambulatory surgery center in Springfield, Oregon, operating 3 ORs with 60+ surgeons across 7 specialties, co-located with RiverBend Hospital, serving patients in the Springfield-Eugene region on a referral-driven, insurance-billing model.

Ownership category

akta.pro rank

Product category

Ambulatory Surgery Services

NAICS

Freestanding Ambulatory Surgical and Emergency Centers (621493)

SIC

Services-Specialty Outpatient Facilities, Nec (8093)

akta.pro primary industry

Single-Specialty ASCs (HLAFAIAB)

Keywords

• Ambulatory surgery center
• Outpatient surgical services
• Multi-specialty surgery
• Same-day surgical care
• Ambulatory healthcare services

Headquarters

HQ city

Springfield

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Surgical Services Billing: Day Surgery at RiverBend bills insurance carriers directly for surgical services. The center contracts with over twenty commercial carriers, Medicare, Medicare Advantage Plans, Medicaid, and Oregon Health Plan. Patients may receive separate charges from the surgery center, laboratory/pathology, Northwest Anesthesia Physicians P.C., and the surgeon's office.
2. Self-Pay Patients: Self-paying patients receive estimated costs prior to surgery and may pay in full at time of service for a discount, or arrange extended payment options up to 120 days without interest.
3. Workers Compensation and Auto Insurance: The center accepts workers compensation and auto insurance claims, requiring carrier information and claim numbers prior to scheduled service.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Day Surgery at RiverBend operates a multi-specialty ambulatory surgery center in Springfield, Oregon, performing same-day outpatient surgical procedures across seven specialties (General Surgery, Neurosurgery, Otolaryngology/ENT, Gynecology, Orthopedic, Pain Management, and Podiatry) with more than 60 surgeons and three operating rooms. The center also delivers a specialized pediatric surgical track with child-friendly protocols and family accommodation, and bills insurance carriers, Medicare, Medicaid, Oregon Health Plan, workers' compensation, auto insurance, and self-pay patients for its surgical services.

Product overview

Day Surgery at RiverBend is a multi-specialty ambulatory surgery center operating as a single unified healthcare facility. The core offering is outpatient surgical services spanning seven specialties: General Surgery, Neurosurgery, Otolaryngology (ENT), Podiatry, Gynecology, Orthopedic, and Pain Management, supported by over 60 surgeons and three operating rooms. Patient care is delivered through integrated service modules including pre-surgical preparation (health assessments, anesthesia planning), the core surgical procedure service, and post-operative care with extended stay options when clinically indicated. Financial services encompass insurance billing, self-pay management, and extended payment plans. Pediatric surgery services are offered as a specialized care track with child-specific protocols and family accommodation.

Differentiator

Problem solved

Functional benefit

Products and services

• Multi-Specialty Ambulatory Surgery Services Same-day outpatient surgical procedures performed across seven specialties (General Surgery, Neurosurgery, Otolaryngology/ENT, Gynecology, Orthopedic, Pain Management, and Podiatry) at the Springfield, Oregon facility. Three operating rooms staffed by 60+ surgeons and board-certified anesthesiologists serve adult patients referred by their surgeons for non-emergency procedures.
• Pediatric Surgery Services Specialized pediatric surgical care for children from infancy through adolescence, including procedures such as tonsillectomy, ear tubes, and other minor surgeries. Delivered with child-friendly environment, parental accommodation policies, and age-appropriate care protocols.

Quantifiable outcome

• Fewer incidents of hospitalizations and infections compared to other surgery centers
• +2 more outcomes

Named customers5 records

Segments9 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Two partnerships are on record, tiered core and major.

• Northwest Anesthesia Physicians P.C.coreTechnology or IntegrationNorthwest Anesthesia Physicians P.C. provides anesthesia services at Day Surgery at RiverBend. Board-certified anesthesiologists support the surgery center. Separate billing for anesthesia services.
• RiverBend HospitalmajorStrategic or Co-development PartnerDay Surgery at RiverBend is co-located on the Sacred Heart Medical Center RiverBend Campus with RiverBend Hospital, providing backup hospital facilities should complications arise during or after surgery.

Scale indicators6 records

Recent moves6 records

Expansion highlights4 records

Regional players

• PeaceHealth: PeaceHealth operates Sacred Heart Medical Center at RiverBend, the hospital on whose campus Day Surgery at RiverBend is co-located. It is the parent of the hospital that provides safety backup to the ASC and is a regional incumbent in the Eugene-Springfield market.
• McKenzie-Willamette Medical Center: McKenzie-Willamette is a competing hospital in Springfield, Oregon that performs outpatient and inpatient surgical procedures. It is a regional competitor for surgical cases in the same Eugene-Springfield market served by Day Surgery at RiverBend.

Direct peers

• Surgery Partners: Surgery Partners is one of the largest US operators of short-stay surgical facilities, including ambulatory surgery centers across multiple specialties. It is directly comparable to Day Surgery at RiverBend as a multi-specialty ASC platform, differing primarily in scale (national chain vs single site).
• Surgical Care Affiliates (Optum): Surgical Care Affiliates, now part of Optum, is a major national ASC operator running multi-specialty outpatient surgical facilities with strong physician partnership models. It is directly comparable in service line breadth and physician co-ownership structure to Day Surgery at RiverBend.

Broad incumbents

• HCA Healthcare: HCA Healthcare is a large for-profit hospital system that increasingly operates ambulatory surgery centers alongside its inpatient facilities. It competes broadly with Day Surgery at RiverBend for outpatient surgical cases in the regions it serves, but at very different scale.
• Tenet Healthcare (USPI): Tenet Healthcare operates United Surgical Partners International (USPI), the largest network of ambulatory surgery centers and short-stay surgical hospitals in the US. It is a broad incumbent in the same ASC category, though anchored on a much larger hospital-plus-ASC portfolio.
• Envision Healthcare: Envision Healthcare has historically operated outpatient surgical and anesthesia services across the US. While primarily known for anesthesia and emergency staffing, its surgical services overlap with multi-specialty ASCs like Day Surgery at RiverBend at the portfolio level.

Others

• Northwest Anesthesia Physicians P.C. Northwest Anesthesia Physicians is the anesthesia services partner that provides board-certified anesthesiologists at Day Surgery at RiverBend and bills separately for anesthesia services. It is an ecosystem participant — a critical vendor rather than a competitor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/riverbend-ambulatory-surgery-center-llc

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Day Surgery at RiverBend