A hospital spokesperson attributed the switch to the declining number of births at the facility.
North Shore-LIJ also recently announced plans to phase out inpatient beds and increase ambulatory care services at its Glen Cove (N.Y.) Hospital.
More Articles on Transactions and Valuation Issues:
United Surgical Partners International Net Revenue Up in 2Q
5 Things to Know About ASC Transactions for the Next 5 Years From Luke Lambert of ASCOA
Good Samaritan Hospital in New York Opens Surgery Center
