Grandview Health, an affiliate of Community Health Systems, has signed an agreement to acquire majority ownership in the Surgical Institute of Alabama at 1021 Montgomery Highway in Vestavia Hills, giving Grandview Health four outpatient surgery centers.
The Surgical Institute of Alabama, founded by Dr. Swaid Swaid, performs more than 8,000 surgery cases per year and has six operating rooms, two procedure rooms, nine pre-operation beds and nine post-acute care beds. Surgical specialists practicing there deliver neurospine, orthospine, orthopedics, total joint reconstruction, general, urology and pain management procedures.
The deal was expected to close in the second quarter of this year…