- Woodlake Medical Building, a 42,467-square-foot medical office building in Woodbury, Minn., has been acquired by Davis Healthcare Real Estate for $18 million.
- CIT, a division of First Citizens Bank, provided $27.8 million for the joint venture acquisition of a medical office building portfolio with properties in Wichita, Kan.
- Lansing, Mich.-based Sparrow Health System and Ann Arbor-based Michigan Medicine partnered to expand care for state residents. As part of the partnership, the university will invest $800 million into the expansion of Sparrow’s ASC and neonatal care unit.
- A joint venture between AEW Capital Management and Flagship Healthcare Trust has acquired eight ASCs across seven states.
- Three surgery center LLCs submitted a certificate-of-need application for a $28.3 million ASC in Pinehurst, N.C.
- Gainesville, Fla.-based UF Health and Jacksonville-based Jax Spine and Pain Centers opened a $25 million multispecialty surgery center in Jacksonville.
- Honolulu-based the Queen’s Medical Center plans to open an ASC at its West Oahu, Hawaii, location.
- Joint-venture partners Vancouver (Wash.) Clinic and healthcare real estate developer PMB opened a new $75 million facility with an ASC in Vancouver.
- St. Tammany Health began work on a $75 million outpatient surgery expansion in Covington, La.
- Cleveland-based University Hospitals broke ground on a health campus in Amherst, Ohio, that will include a two-story medical office building and an orthopedic-focused ASC.
- Atlas Healthcare Partners and Banner Health have partnered in the acquisition of two Arizona ASCs in Scottsdale and Tucson.
- Livonia-based Trinity Health Michigan and U-M Health in Ann Arbor, Mich., are forming a joint venture to bring pediatric care to Trinity Health Oakland hospital in Pontiac.
- Atlas Healthcare Partners has joined with cardiovascular organizational improvement company MedAxiom to form a joint venture, MedAtlas.
- Ascension Seton Health Center Georgetown (Texas) has broken ground on a 60,000-square-foot building that will house a 19,664-square-foot surgery center.
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.
