Portsmouth Regional Ambulatory Surgery Center

What Portsmouth Regional Ambulatory Surgery Center does

Portsmouth Regional Ambulatory Surgery Center was an outpatient ambulatory surgery center located in Portsmouth, New Hampshire, providing same-day surgical procedures across five specialties: orthopedics, ophthalmology, ENT (ear, nose, and throat), gynecology, and podiatry. The facility operated as a for-profit subsidiary of HCA Healthcare, Inc. (NYSE: HCA), one of the largest publicly traded hospital operators in the United States, under the legal entity C-HCA, Inc. Its value proposition was typical of freestanding ASCs: lower-cost outpatient surgical care, reduced wait times, and more convenient scheduling relative to hospital-based surgery, serving individual patients in the New England market.

The center reported 501–1,000 employees in firmographic data, though this figure appears high for a single-site ASC and may reflect historical or aggregate reporting. No technology products, software platforms, or discrete product lines were offered — the business was a pure healthcare services operation. Revenue figures were never publicly disclosed at the subsidiary level, consistent with HCA's practice of reporting consolidated results without facility-level breakdowns. Three small funding entries (2011, 2014, 2015) ranging from approximately $508K to $640K appear to be CMS cost report reconciliations or minor capital infusions rather than VC funding events.

The facility officially ceased operations on January 2, 2024. Following closure, medical records custody and billing inquiries were transferred to HCA's Capital Division Central Billing Office in Evans, Georgia, in accordance with New Hampshire medical information preservation guidelines. The center's website now functions solely as a closure notice and records-request portal. No forward-looking operating activities, product development, or expansion signals exist post-closure.

Name

Portsmouth Regional Ambulatory Surgery Center

Legal name

C-HCA, Inc.

Website

https://prasc.com

Company type

Private

Founded year

1999

Operating status

Closed

Headcount range

501–1,000 employees

Short description

Portsmouth Regional Ambulatory Surgery Center was an HCA Healthcare-affiliated outpatient surgery center in Portsmouth, New Hampshire, offering same-day procedures in orthopedics, ophthalmology, ENT, gynecology, and podiatry. The facility ceased operations on January 2, 2024.

Ownership category

akta.pro rank

Product category

Ambulatory Surgical Services

NAICS

Freestanding Ambulatory Surgical and Emergency Centers (621493)

SIC

Services-Specialty Outpatient Facilities, Nec (8093)

akta.pro primary industry

Multi-Specialty Ambulatory Surgery Centers (ASCs) (HLAFAIAA)

akta.pro secondary industries

Orthopedic & Spine Surgery Centers (HLAFAIAG), Ambulatory Surgery Centers (Ophthalmic/Outpatient Eye Surgery) (HLAKAKAO), ENT / Otolaryngology Surgery Centers (HLAFAIAJ), Podiatry & Foot/Ankle Surgery Centers (HLAFAIAL)

Keywords

• Ambulatory surgery services
• Outpatient surgical procedures
• Same-day surgery center
• Orthopedic ophthalmology surgery
• ENT gynecology podiatry surgery

Headquarters

HQ city

Portsmouth

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales

Core offering

Portsmouth Regional Ambulatory Surgery Center was an outpatient ambulatory surgery center in Portsmouth, New Hampshire, that delivered same-day surgical procedures in orthopedics, ophthalmology, ENT, gynecology, and podiatry. The facility was operated by HCA Healthcare (legal entity C-HCA, Inc.) and provided a lower-cost, shorter-wait alternative to hospital-based outpatient surgery. The facility closed on January 2, 2024, with medical record custody transferred to the Capital Division Central Billing Office in Evans, Georgia.

Product overview

Portsmouth Regional Ambulatory Surgery Center was an ambulatory surgery center operated by HCA Healthcare, providing outpatient surgical procedures. The facility closed on January 2, 2024. As a healthcare services provider rather than a technology product company, no discrete software products or modules were offered.

Differentiator

Problem solved

Functional benefit

Products and services

• Outpatient Surgical Services

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record.

• HCA HealthcareOthersParent company/affiliate relationship. Portsmouth Regional Ambulatory Surgery Center was an HCA Healthcare affiliate. All legal, privacy policies, and terms of use are governed by HCA Healthcare, Inc. and its affiliates. The facility operated under HCA Healthcare's operational and compliance framework.
• Capital Division Central Billing OfficeOthersFollowing facility closure on January 2, 2024, this entity became the custodian of medical records and handles billing related inquiries. Located at 7004 Evans Town Center Blvd. 2nd Floor, Evans, GA 30809. Contact: 706-941-8215.

Recent moves4 records

Broad incumbents

• HCA Healthcare: HCA Healthcare is PRASC's parent company and the broader hospital/ASC conglomerate whose operational, compliance and billing framework governed PRASC. It is a relevant peer for understanding how an integrated network values and rationalizes its ASC footprint.
• Tenet Healthcare: Tenet Healthcare owns USPI and is one of the largest publicly traded hospital companies with a significant ASC strategy. It competes for the same outpatient surgery volume and physician alignment opportunities that PRASC historically targeted in New Hampshire.
• Envision Healthcare (now private under Kohlberg & Company): Envision has historically operated ambulatory surgery centers alongside its physician services and outpatient businesses, and serves a comparable patient base for outpatient surgical procedures, making it a relevant broader-incumbent peer.

Emerging players

• Physicians Endoscopy: Physicians Endoscopy develops and manages single-specialty GI/endoscopy ASCs that often co-locate with multi-specialty facilities. It is comparable as a peer operating in the same outpatient surgical services category, particularly relevant given PRASC's gynecology service line which often overlaps with GI/endoscopy scheduling.

Direct peers

• SurgCenter Development: SurgCenter Development develops and operates multi-specialty ASCs, frequently in partnership with hospital systems and physician groups, with a service mix (orthopedics, ophthalmology, ENT, podiatry, gynecology) that directly overlaps PRASC's historical offering.
• United Surgical Partners International (USPI): USPI, owned by Tenet Healthcare, operates a national network of ambulatory surgery centers and short-stay surgical hospitals with comparable multi-specialty service mixes (orthopedics, ophthalmology, ENT, GI). It is the closest large-scale analog to PRASC's operating model within a hospital conglomerate.
• Surgery Partners: Surgery Partners is one of the largest U.S. operators of short-stay surgical facilities, running a multi-specialty ASC platform that closely mirrors PRASC's orthopedic, ENT, ophthalmology and other outpatient service lines under an HCA-style integrated model.
• Ambulatory Surgical Centers of America (ASCOA): ASCOA develops, acquires, and manages multi-specialty ambulatory surgery centers across the U.S., with overlapping orthopedic, ophthalmology, ENT and general surgery service lines. Its portfolio focus on physician-hospital joint ventures is structurally similar to PRASC's HCA-affiliated setup.
• Regent Surgical Health: Regent Surgical Health is an ASC management and development company partnering with hospitals and physicians to run multi-specialty outpatient surgical facilities. It is directly comparable in operating model and specialty mix to PRASC.

Regional players

• Peaks Surgery Center (and other regional NH/NE ASCs): Regional New Hampshire and New England-based ASCs such as Peaks Surgery Center and affiliated multi-specialty outpatient facilities compete directly with PRASC's historical Portsmouth catchment area and offer overlapping orthopedic, ophthalmology, ENT and podiatry services.

Market position

Weaknesses3 records

Competitive moat2 records

Key highlights4 records

Customer concentration

• Facebookfacebook.com/PortsmouthRegionalAmbulatorySurgery

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds3 records

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 Portsmouth Regional Ambulatory Surgery Center