Here’s what you should know.
1. Baptist acquired 26 percent interest in both centers.
2. The health system acquired Galloway for $4.6 million and Kendall for $1.02 million. It is part of the health system’s strategy to expand its outpatient surgery center efforts.
3. Baptist expects to complete two mergers with Florida-based health systems in fiscal year 2017. The health system expects to open a freestanding emergency department as well.
More articles on transactions/valuations:
Hendrick Health System opens new surgery center — 4 key notes
Surgery Partner strikes $760M deal to acquire National Surgical Healthcare; HCA shares jump 1.3% & more — 5 ASC notes
NC hospital executives speak out after CON repeal bill passes state Senate: 5 things to know
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