Rochester, Minn.-based Mayo Clinic has pulled out of its "integration agreement" with Satilla Health Services, the parent company of Waycross, Ga.-based Satilla Regional Medical Center, according to a report from The Florida Times-Union.
Here are three things to know about the decision.
1. Officials with Mayo's Florida operation said they ended the deal to focus on expanding specialty care for people who have complex medical needs, according to the report.
2. Mayo also saidit will concentrate on building relationships with other providers through affiliation models, rather than acquisitions, according to the report.
3. Now that Mayo has ended the deal, Satilla Regional Medical Center returns to the status of a standalone hospital. The decision will not impact the ownership of the Satilla assets, which remain as they were before Mayo Florida's involvement, according to Mayo spokesman Kevin Punsky.
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