Erlanger currently owns 51 percent of the center, which will now be converted into a hospital outpatient surgery department.
The health system will enter into a management agreement with a newly formed physician-owned management company.
Related Articles on Surgery Center Transactions:
Missouri Health System Acquires Majority Stake in Local Surgery Center
First Surgical Partners Plans to Increase Revenue by Converting Existing Surgery Centers to HOPD
Pennsylvania Surgery Center Closes Doors Due to Low Case Volume
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