Miami-based Baptist Health South Florida acquired a controlling interest in Sunset, Fla.-based Galloway Surgery Center and in Kendall (Fla.) Endoscopy Center, the South Florida Business Journal reports.
Here's what you should know.
1. Baptist acquired 26 percent interest in both centers.
2. The health system acquired Galloway for $4.6 million and Kendall for $1.02 million. It is part of the health system's strategy to expand its outpatient surgery center efforts.
3. Baptist expects to complete two mergers with Florida-based health systems in fiscal year 2017. The health system expects to open a freestanding emergency department as well.