A California radiation oncology venture has acquired a stake in Prologics, a five-year-old Franklin-based company that provides various services to hospitals. Integrated Oncology Network also has invested in Prologics' Northern Ohio Regional Cancer Center.
"The opportunity to work along side of ION as a partner at this stage of our companies’ growth will enable us to build a stronger footprint and strategic platform to meet the needs of our ever changing healthcare market. The combination of our talented teams will provide the market with a unique alternative to that of the existing competitive landscape."
National Health Investors has agreed to fund up to $21.5 million of the costs of a 60-bed rehabilitation and psychiatric hospital in Murfreesboro that is expected to open late next year. The facility, which will rise next to the new Middle Tennessee Medical Center, is being built by Brentwood-based Polaris Hospital and earlier this year also received some funding from local investment firm H.B. Sconyers. Polaris is run by Kevin Lee, who previously headed up SeniorHealth.
POSTDATA: WARRANTY DEEDS