Cleveland Clinic inks $52.5M deal for two medical office buildings with ASC

Cleveland Clinic purchased a two-medical building project featuring a surgery center in Port St. Lucie, Fla., for $52.5 million, Business Observer reported July 30. 

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The 100,000-square-foot Tradition Healthpark was developed by the seller, St. Petersburg, Fla.-based developer Optimal Outcomes. The company purchased an existing medical office building in 2015 and built the second in 2017. 

The buildings are adjacent to Cleveland Clinic’s Tradition Hospital and are 100 percent occupied. 

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.

Register to Attend Webinar

Is ambulatory care healthcare’s big margin engine? 4 leaders weigh in

Wednesday, July 29
1:00 PM - 2:00 PM CDT

Presenters: Joe Ganley, athenahealthJeffrey Flynn, CASC, Gramercy Surgery CenterBryan Tsao, Access Center, Loma Linda University HealthJason Zepeda, Northridge Hospital Medical Center, CommonSpirit HealthGreg DeConciliis, PA-C, CASC, Boston Out­Patient Surgical Suites

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