Fairfield Medical Center in Lancaster, Ohio, has acquired Riverview Surgery Center, also in Lancaster, according to a report from the Lancaster Eagle-Gazette.
The 50,000 square-foot ambulatory surgery center with four operating rooms was co-owned by a group of surgeons with a 70 percent ownership stake and Mount Carmel Health, based in Columbus, Ohio, owning the remaining 30 percent.
The 222-bed, nonprofit Fairfield Medical Center spent $8.5 million on the purchase of the ambulatory surgery center, with the business costing $5.4 million and the campus costing $3.1 million, according to the report.
The ASC, which was built in 1997, will retain its name.
Read the Lancaster Eagle-Gazette report about Riverview Surgery Center.
Read more about surgery center acquisitions:
- ASC Transactions and Pricing During 2010: 4 Key Concepts
- Indiana Surgery Center Acquired by Good Samaritan Hospital, Ends Seven-Year Competition
- Connecticut's Hartford Healthcare Close to Acquiring Eye Surgery Center in $28M Transaction