New Orleans-based LCMC Health jointly purchased Fairway Medical Center, a surgical hospital located in Covington, La., according to The Times-Picayune.
LCMC Health, along with several local specialty surgeons, will assume ownership of the hospital, effective immediately.
The financial terms of the agreement were not disclosed.
"Fairway Medical Center is an exciting addition to the LCMC Health family and a significant step in our continued growth," said LCMC Health CEO Gregory Feirn. "Fairway provides us with an opportunity to expand LCMC Health's community-focused, exceptional healthcare to NorthShore residents. We're proud to continue Fairway's 17-year legacy of quality, surgical care."