Physicians Realty Trust acquires building with ASC for $10M — 3 insights

Physicians Realty Trust purchased a medical office building in Cool Springs, Tenn. with an ASC for $10 million, The Nashville Post reports.

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Here’s what you should know:

1. Physicians Realty Trust is taking over the building which houses the 26,859-square-foot Franklin (Tenn.) Surgery Center.

2. The ASC is coowned by Nashville, Tenn.-based Saint Thomas Health, United Surgical Partners International and several area physicians.

3. The surgery center specializes in ENT, gastroenterology and orthopedic cases.

More articles on transactions/valuations: 
Stock market week-in-review for 4 large ASC chains — Sept. 5-8
Medical office with ASC sells for $15.9M — 3 insights
KKR to finance Covenant Surgical Partners acquisition through $195M loan & more: 4 ASC company 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.

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