Hollywood, Fla.-based Memorial Same Day Surgery Center is closing its doors next month, according to Sun Sentinel.
Here are four key notes:
1. Twenty-six physicians opened the ASC in the early 1970s.
2. Competition in the area is increasing, leading the ASC to close its doors. Many local surgeons are performing cases in hospital-owned and insurance company-owned facilities.
2. Memorial Same Day Surgery Center was the first freestanding ASC in Florida.
3. Currently, 40 local surgeons and a financial investor own the ASC.
4. The owners plan to transfer a substantial percentage of the ASC's cases and employees to a different facility, which is a part of Pembroke Pines, Fla.-based Memorial Hospital West.