Here are four key points on the ASC deal:
1. The surgery center is 10,062 square feet.
2. Lone Star Endoscopy Center is a joint venture between Texas Digestive Disease Consultants, one of Texas’ largest gastroenterology groups, and Baylor Scott & White Health and United Surgical Partners International.
3. Global Medical REIT acquired the center for a $4.05 million purchase price.
4. The deal’s capitalization rate is 7 percent.
More articles on surgery centers:
Dr. Hiroji Noguchi re-enters medical field following cancer diagnosis at Mississippi-based surgery clinic
6 recent ASC acquisitions — May 2017
Summit Surgery Center opens in Nevada — 3 key notes
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.
