Sheridan Memorial Hospital Acquires Majority Stake in Sheridan Surgical Center
Sheridan Memorial Hospital has acquired a majority stake in the Sheridan Surgical Center, marking a significant step in its expansion. The $4 million purchase, approved by the Hospital Board, aims to allow the hospital to operate the center independently while maintaining a strong community partnership.
The transition began on Friday, January 1st, with the Out-patient Surgery Center taking over management temporarily to ensure smooth operations during the acquisition. This move allows the hospital to eventually run the center separately from its current private relationship.
The Sheridan Surgical Center, specializing in Urology, Gastroenterology, Dental Surgery, and General Surgery, will continue to provide these services under the new arrangement. The hospital and the surgical center aim to maintain a strong partnership in the community, combining their expertise to enhance local healthcare.
Sheridan Memorial Hospital's acquisition of the Sheridan Surgical Center, worth over $4 million, is set to strengthen local healthcare services. The hospital now owns 55% of the center, enabling it to operate it independently while preserving a robust community partnership.
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