MedProperties Holdings receives $11.9M loan to acquire Center for Minimally Invasive Surgery: 5 key points

MedProperties Holdings received an $11.9 million loan to acquire the Center for Minimally Invasive Surgery in Mokena, Ill., according to REBusiness Online report.

Here are five key points:

1. The 14,000-square-foot surgery center includes a recovery center.

2. The center features four operating rooms and offers surgical services in a number of specialties, such as spine surgery, orthopedics, ophthalmology, gynecology and pain management.

3. The ASC is Accreditation Association for Ambulatory Health Care-accredited.

4. The terms of the loan and the seller were not disclosed.

5. Capital One has provided the acquisition loan.

More articles on ASC issues:
Tenet's Q2 ambulatory net operating revenue reaches $442M, up 37.3% — 18 takeaways
Regent Surgical Health joint ventures with West End Surgical ASC — 6 takeaways on the ASC dedicated specifically to TJR, spine
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