Medical Facilities Corporation Acquires Majority Interest in Arkansas Specialty Hospital
Medical Facilities Corporation, the parent company of Black Hills Surgical Hospital, four other specialty surgical hospitals and one surgery center, has acquired a majority interest in Arkansas Specialty Hospital in Little Rock.
Arkansas Specialty Hospital is an award-winning, physician-owned specialty hospital that provides advanced medical and surgical treatment for patients suffering from spine disorders and chronic pain. The former owners will retain a minority interest in the specialty hospital.
Local operations are unaffected by the merger, with the exception that certain synergies among sister healthcare organizations may result in enhanced staff development and the implementation of additional "best practices."
Related Articles on Transactions & Valuation:
20 Surgery Centers Planned, Opened or Acquired in November 2012
ASC Operator First Surgical Partners Sues Nobis Capital Advisors
© Copyright ASC COMMUNICATIONS 2012. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.