Cullman Regional Medical Center (CRMC) has completed an agreement with the local physician owners in a joint venture for The Surgery Center of Cullman, LLC.

In the purchase agreement, finalized January 15, Cullman Regional begins managing the day-to-day operations of the facility and acquires majority ownership in the facility. The 33 employees of The Surgery Center of Cullman will become employees of Cullman Regional.

The Surgery Center of Cullman currently provides approximately 5,118 outpatient procedures annually.

The transaction is subject to customary regulatory approvals and reviews by state and federal agencies and has been finalized.