The surgery center was initially established as a joint venture between the hospital and group of local physicians. After the hospital acquires full ownership, the surgery center will become a hospital outpatient department.
More Articles on Transactions and Valuation Issues:
Northstar Healthcare to Acquire Arizona Surgery Center for $460k
Lawmakers, Organizations Call for Loosening of North Carolina CON Law
University of Minnesota to Break Ground on $160M Ambulatory Care Center
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