Cleveland Clinic sold its outpatient facility in Mansfield, Ohio, to FG MC II Mansfield for $8.1 million.
The transaction is part of the health system’s strategy to transition outpatient sites from ownership to long-term leasing, aimed at reducing expenses and generating capital for facility updates and other projects, according to an Oct. 1 Richland Source report.
The sale will not affect operations or staffing. Cleveland Clinic maintains 315 locations across Ohio.
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