Denver, Colo.-based DaVita Inc., a national provider of kidney care, took ownership this week, according to a news release.
LG Health spent several months researching how to enhance the quality of services at the center as costs increase and government reimbursements decline, the system said.
The price of the acquisition is not being released, LG Health spokesman John Lines said.
The center’s 48 clinical employees were offered positions with DaVita, according to the release. Two nonclinical positions remained employed by LG Health, Lines said.
The center will stay at its location on the third floor of LG Health’s Suburban Outpatient Pavilion at 2100 Harrisburg Pike.
Dr. Marc Weiner will remain in his role as medical director of the center, LG Health said.
About 180 patients are cared for annually at the dialysis center, the release stated. LG Health will continue to operate its inpatient dialysis program at Lancaster General Hospital.
“DaVita has the strength of a large organization, and the financial resources to provide the state-of-the-art equipment, facilities and staff that our community expects and deserves,” Susan Wynne, senior vice president of ambulatory services for LG Health, said in a statement.
DaVita provides services to more than 142,000 patients with kidney failure and end-stage renal disease through more than 1,800 dialysis facilities in the country, according to the release. Its shares are traded on the New York Stock Exchange under the ticker symbol DVA.