Meriden, Conn.-based MidState Medical Center applied for a certificate of need to take majority ownership of Milford (Conn.) Surgery Center.
Three quick details:
1. Milford Surgery Center is currently 85 percent owned by physicians and 15 percent owned by Avon, Conn.-based Constitution Surgery Alliance, an ASC management company.
2. MidState Medical Center, part of Hartford (Conn.) Healthcare Corp., wants to buy a 51 percent stake in the ASC for $1,502,735.
3. The target acquisition date is Oct. 1.
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