Arkansas building with orthopedic clinic sold

Charlotte, N.C.-based outpatient healthcare real estate investor Flagship Healthcare Trust acquired a medical office building in Benton, Ark.

Advertisement

The 14,668-square-foot facility houses a diagnostic and treatment clinic for orthopedic practice Arkansas Bone & Joint, the firm said Dec. 20. The practice offers operative and nonoperative services in hip, knee and shoulder replacement; trauma and fractures; hand; foot and sports medicine.

The acquisition is Flagship’s third in Arkansas, the firm said. Fifth Third Bank provided financing for the deal.

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.

Advertisement

Next Up in ASC Transactions & Valuation Issues

Advertisement

Comments are closed.