Montecito Medical continues shopping spree — Acquires Georgia medical office building, surgery center

Nashville, Tenn.-based Montecito Medical acquired Pinnacle Orthopaedics Center’s medical office building and surgery center in Woodstock, Ga.

Advertisement

Here’s what you should know.

1. Pinnacle Orthopaedics’ facility was built in 2010 and encompasses 31,764 square feet.

2. The facility was constructed with Pinnacle Orthopaedics as its anchor. Along with office space, the building houses a 10,000-square-foot ASC with two operating rooms.

3. In addition to the ASC, the building features imaging services and a fully staffed clinic.

4. Vascular Surgical Associates and Advanced Dental Restorations are also housed in the building.

Montecito Medical CEO Chip Conk said, “Pinnacle is a fantastic addition to our growing portfolio and we look forward to growing our presence in the surrounding area.”

More articles on transactions/valuations:
California bill allowing government to determine healthcare pricing met with fierce opposition
Common deficiencies cited by AAAASF and how to fix them — Every OR must be equipped with an AED or standard defibrillator
Total joints in ASCs: 4 common questions answered

Advertisement

Next Up in ASC Transactions & Valuation Issues

Advertisement

Comments are closed.