North Carolina's Novant Health to Transfer Surgery Center Ownership to New Hanover Regional Medical Center
Brunswick Novant in Bolivia, N.C., is in talks with New Hanover Regional Medical Center to sell an outpatient surgery center that the health system started building in 2010, according to a Greater Wilmington Business Journal report.
Novant stopped building the surgery center in 2010 because of financial issues stemming from the recession. Only an outer shell for the facility, intended to hold two operating rooms, was constructed.
In July, state regulators gave local health providers permission for New Hanover Regional to acquire Novant's interests in the project. Novant is apparently pulling away from plans to enter the New Hanover market. According to the report, a new CON would not have to be issued to transfer the interest to New Hanover Regional.
© Copyright ASC COMMUNICATIONS 2012. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.
Latest Articles
- Senate Introduces Companion Medicare RAC Reform Bill
- Drs. Brian Cole, Anthony Romeo of Midwest Orthopaedics at Rush Among Top Orthopedic Surgeons Contributing to Orthopedic Literature
- Spinal Elements Upgrades to 40,000-Square-Foot Headquarters
- UnitedHealth, Aetna, Cigna to Sit Out of California's Health Insurance Exchange
- Rhode Island Nixes "Confidential" Prices Between Payors, Providers



