Flagler Hospital in St. Augustine, Fla., intends to acquire St. Augustine Surgery Center, according to a report by The St. Augustine Record.
St. Augustine Surgery Center is a joint venture between Ambulatory Surgical Centers of America and 10 physicians. The acquisition is expected to close on Oct. 31.
After the transaction closes, the surgery center will undergo construction and reopen as Flagler Surgery Center in February.
The acquisition is a part of Flagler Hospital's strategic expansion into the outpatient surgery space, according to the report.
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St. Augustine Surgery Center is a joint venture between Ambulatory Surgical Centers of America and 10 physicians. The acquisition is expected to close on Oct. 31.
After the transaction closes, the surgery center will undergo construction and reopen as Flagler Surgery Center in February.
The acquisition is a part of Flagler Hospital's strategic expansion into the outpatient surgery space, according to the report.
More articles on transactions and valuation issues:
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