MedProperties Holdings Acquires Evendale Healthcare Center, Including ASC

A partnership formed by MedProperties Holdings, a Dallas-based healthcare real estate private equity investment firm, and Equity, a commercial real estate company based in Columbus, Ohio, has acquired the Evendale Healthcare Center in Cincinnati, according to a Healthcare Finance News report.

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Carrie Pallardy

The 65,670-square-foot, four-story Evendale Healthcare Center includes an ambulatory surgery center and a multitude of physician specialties.

MedProperties and Equity intend to invest at least $2.5 million in the facility for renovations.

More Articles on Transactions and Valuation Issues:
UC Health Earns Approval for $8.8M Ambulatory Clinic Project in Kentucky
Harrison Real Estates Acquires WestHealth Campus, Surgery Center for $58M
Children’s Hospital of Michigan to Build $42M Outpatient Facility

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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