Medical Facilities Corporation sells The Surgery Center of Newport Coast

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Medical Facilities Corporation completed the sale of The Surgery Center of Newport Coast in Newport Beach, Calif.

The ASC was sold for $1.5 million to Newport Center GK, according to a Feb. 2 news release.

The company also sold 64% interest in Oklahoma Spine Hospital to SSM Health Care of Oklahoma. The $46 million transaction gave SSM and physician partners acquired 55.5% and 8.45% of equity securities, respectively.

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