Tennessee Health System to Acquire Remaining Share of Chattanooga Surgery Center

Erlanger Health System, based in Chattanooga, Tenn., a majority owner of Plaza Surgery Center in Chattanooga, will acquire the remaining share of the surgery center from physicians, according to a The Chattanoogan report.

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By: Staff

 

Erlanger currently owns 51 percent of the center, which will now be converted into a hospital outpatient surgery department.

 

The health system will enter into a management agreement with a newly formed physician-owned management company.

 

Related Articles on Surgery Center Transactions:

Missouri Health System Acquires Majority Stake in Local Surgery Center

First Surgical Partners Plans to Increase Revenue by Converting Existing Surgery Centers to HOPD

Pennsylvania Surgery Center Closes Doors Due to Low Case Volume

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