Here are four notes:
1. The transaction was valued at $575 million in cash.
2. The deal went into effect on March 31, 2016.
3. As per the agreement, Tenet will retain certain net working capital accounts.
4. WellStar will assume certain capital leases related to the acquired facilities’ operations.
More articles on surgery centers:
Tenet ambulatory net revenue reaches $397M — 22 things to know about Tenet’s Q4, 2015 results
SCA partners with Gladiolus Surgery Center — 4 key points
3 hospitals/health systems with new outpatient surgery centers — April 10, 2016
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