EMH Regional Healthcare System in Elyria, Ohio, sold 50 percent ownership in Amherst (Ohio) Hospital, the smaller of its two hospitals, to members of five-surgeon Center for Orthopedics in Westlake, Ohio.
The timetable for changing ownership of the 60-bed, five-OR hospital had to be accelerated to comply with the new law, which immediately limits aggregate increases in physician ownership of hospitals.
Read the Chronicle-Telegram’s report on Amherst Hospital.