Three things to know:
1.The hospital said the main reason for the move was due to the hospitals running on low capacity for outpatient surgeries as patients are being driven to lower-cost outpatient settings.
2. Minimal or no jobs reductions are expected as a result of the move.
3. The hospital expects to complete the move in the first six months of this year.
Read more here.
More articles on transactions and valuations:
Atlanta health system building $113M ASC — 5 insights
AmSurg in 2020: 5 things to know
Investment firm acquires ASC, 3 ophthalmology practices in St. Louis
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