The price and the terms of the deal were not disclosed, according to the report.
The acquisition broadens Our Lady of the Lake’s ability to provide inpatient and outpatient care to patients in southeastern Louisiana and southern Mississippi.
Southern Surgical will join the Covington, La.-based hospitals Our Lady of the LakeSurgery ─ Ponchartrain and Lake Urgent Care ─ Northshore, and Our Lady of the AngelsHospital in Bogalusa, La.
More articles on transactions and valuations:
Ascension launches Ascension Holdings International
New York-Presbyterian buys space in Manhattan to merge office operations
Santa Rosa Memorial Hospital, UCSF merge to expand pediatric care
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