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:
– 5 Current Trends in Surgery Center Acquisition and Operation
– 4 Ways to Ease the Transition to Hospital Ownership of a Surgery Center
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.