Three quick details:
1. The sale to a California 1031 Exchange buyer was negotiated while the ASC was under construction.
2. First Coast Surgery Center is an affiliate of Nashville, Tenn.-based Surgical Care Affiliates.
3. Multiple prospective buyers put in offers for the center, according to Colliers’ Mike Spisak.
More articles on surgery centers:
3 ASC developments worth over $10M
7 critical steps for financial success in your ASC
10 most common procedures in ASCs
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.
