Mount Carmel Health System, a three-hospital system based in Columbus, Ohio, bought New Albany (Ohio) Surgical Hospital, a 42-bed specialty hospital owned by 30 physicians. New Albany made national headlines when it was announced in 2002. After it opened in 2003, the hospital—a joint venture between physician-owners and Nashville-based Ohio Surgical Alliance Corp.—stirred a debate over the potential physician conflicts of interest and threats by local health systems to revoke the staff privileges of physician-owners who refer patients there. The purchase agreement was signed last month, and the sale closed on Jan. 1, 2007. New Albany employs nearly 300 with a physician staff of 194 and cost $42 million to build. The prices and terms of the deal were not disclosed.
Ohio system acquires doc hospital
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