KKR and Cornerstone will focus on acquiring ASCs, single-tenant medical office buildings and facility-based outpatient centers, the companies said in a news release.
The plan is being financed through a recapitalization of 25 existing Cornerstone properties, including medical office buildings and ASCs across 12 states. Additional details of the deal were not disclosed.
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.