MedProperties Holdings receives $11.9M loan to acquire Center for Minimally Invasive Surgery: 5 key points

MedProperties Holdings received an $11.9 million loan to acquire the Center for Minimally Invasive Surgery in Mokena, Ill., according to REBusiness Online report.

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Here are five key points:

1. The 14,000-square-foot surgery center includes a recovery center.

2. The center features four operating rooms and offers surgical services in a number of specialties, such as spine surgery, orthopedics, ophthalmology, gynecology and pain management.

3. The ASC is Accreditation Association for Ambulatory Health Care-accredited.

4. The terms of the loan and the seller were not disclosed.

5. Capital One has provided the acquisition loan.

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At the Becker's 23rd Annual Spine, Orthopedic and Pain Management-Driven ASC + The Future of Spine Conference, taking place June 11-13 in Chicago, spine surgeons, orthopedic leaders and ASC executives will come together to explore minimally invasive techniques, ASC growth strategies and innovations shaping the future of outpatient spine care. Apply for complimentary registration now.

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