ASC Transactions & Valuation Issues

Here are six healthcare updates from Amazon for ASC leaders to know:

Canton, Ohio-based Cleveland Clinic Mercy Hospital has donated a 5,800-square-foot medical office building to Beacon Charitable Pharmacy, a group providing low-cost prescription medication to the community. 

Medical office building mergers and acquisitions were up 13.7 percent in the first quarter of 2023 and up 5 percent from the same period last year. 

Echo Real Estate Capital has acquired a 7,550-square-foot medical office building in Morton Grove, Ill., according to an April 13 report from REJournals.

Here are five moves from Oakland, Calif.-based Kaiser Permanente since Feb. 13. 

Flagship Healthcare Properties has acquired a 14,445-square-foot medical office and ASC building in Jackson, Tenn., according to an April 13 report from REJournals.

A 40,000-square-foot medical office building in Stafford, Texas, a suburb of Houston, has sold, according to an April 12 report from REbusiness Online. 

Healthcare real estate investor Montecito Medical has acquired a 119,945-square-foot medical office building in Columbia, S.C., according to an April 10 report from ConnectCRE. 

Becker's was joined by 32 leaders who discussed the increasing consolidation of the ASC industry. 

Summit Development has sold a 490,000-square-foot medical office building in Chappaqua, N.Y., according to an April 10 report from Commercial Property Executive.