Indiana Health System Acquires Surgical Hospital, Converts it to Surgery Center

The Franciscan Alliance, a multi-state Catholic health system based in, Mishawaka, Ind., has acquired the Surgical Hospital of Munster (Ind.) to serve as an ambulatory surgery center, according to a report from the Munster Times.

 

The Franciscan Alliance, which has 13 hospitals in Indiana and Illinois, acquired the surgical hospital April 14 as part of the health system's plan to become an accountable care organization, according to the report.

 

About 20 physicians will serve the new ASC, which features four ORs and 14 recovery bays.

 

The purchase price of the acquisition was not disclosed.

 

Read the Munster Times report about the acquisition of Surgical Hospital of Munster.


Read more about acquisitions:

 

- Flurry of Recent Transaction Activity's Impact on the ASC Industry: Q&A With Kevin McDonough of VMG Health

 

- 5 Current Trends in Surgery Center Acquisition and Operation

 

- 4 Ways to Ease the Transition to Hospital Ownership of a Surgery Center

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