San Joaquin Valley Surgery Center
The business, the turning points, and the decisions behind them.
01 / WHAT IT BUILT
What the company did
San Joaquin Valley Surgery Center was an ambulatory surgery center at 2620 Chester Avenue in Bakersfield, California. Opened in 2021 with state-of-the-art equipment, it provided outpatient surgical services to the San Joaquin Valley region. CB Insights records $2.84 million raised and 2021 as its founding year.
02 / San Joaquin Valley Surgery Center FAILURE REASONS
Why it failed
The center struggled with regulatory compliance: a May 2024 Centers for Medicare & Medicaid Services survey found it not in substantial compliance with Medicare and Medicaid conditions of coverage — failing four conditions covering governing body, quality assessment and performance improvement, laboratory and radiological services, and infection control. Five months later, the center's own public notice announced it had closed effective October 11, 2024, directing patients seeking medical records to Adventist Health Bakersfield.
03 / EVENT HISTORY
Events in the structured record
- Opening
San Joaquin Valley Surgery Center opens in Bakersfield, California, with state-of-the-art equipment and advanced technology, raising $2.84 million.
- Regulatory findings and closure
In May 2024, a CMS survey finds the center not in substantial compliance with federal conditions of coverage. On October 11, 2024, the center closes; its public notice directs patients to Adventist Health Bakersfield for medical records.
04 / CONTEMPORARY REBUILD ASSESSMENT
Difficulty of rebuilding this project today
Material for this section is being gathered and checked. It will appear here once ready.
Overall assessment: Not completed
05 / AFTERMATH
Lessons
For ambulatory surgery centers, regulatory compliance is existential: Medicare and Medicaid conditions of coverage are the revenue backbone, and a survey finding multiple condition-level deficiencies leaves little room to recover — San Joaquin Valley went from a failed survey to closure in five months.