Here’s what you should know:
1. The health system notified employees of layoffs Nov. 7 and Nov. 8.
2. Mr. Norton said, to the Independent Mail, the health system had made several large investments in recent years to “keep up with national changes as hospitals move toward being paid on performance of measures like hospital re-admission.” The hospital’s move towards implementing Epic EHR was one such expense.
3. The surgery center’s surgeries were rescheduled to other facilities in the system.
4. The surgery center’s website was taken offline.
More articles on transactions/valuations:
10 hospitals, health systems opening or planning ASCs — October 17
Surgery Partners Q3 revenues increase 8.4% to $306.3M: 9 things to know
How PE firms and health systems are investing in ASCs
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