First Citizens Bank has provided $44.2 million in financing to Kayne Anderson Real Estate and Remedy Medical Properties for a portfolio of three medical office buildings across Wisconsin and Illinois.
ASC Transactions & Valuation Issues
A 70,140-square-foot medical office building in Washington Township, N.J., has sold for $14 million, according to a March 30 report from REbusinessOnline.
From anesthesia costs to case optimization, three ASC leaders joined Becker's to discuss the financial trends they're eyeing.
A 14,213-square-foot medical office building in Wentzville, Mo., has sold for $3.5 million according to a March 29 report from Rebusiness Online.
Dallas-based Tenet Healthcare, parent company of ASC chain United Surgical Partners International, had its default rating affirmed at "B+," Fitch Ratings said March 27.
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CVS Health has completed its acquisition of Signify Health this week in a $8 billion transaction.
Investors are eyeing three physician specialties in 2023, according to McDermott Health's 2023 Physician Practice Management report.
Average physician compensation has declined by 2.4 percent in 2022, compared to a 3.8 percent increase in 2021, according to Doximity's 2023 "Physician Compensation Report."
The last remaining asset of the shuttered pain management practice and surgery center chain Advanced Pain Management, a 10,000-square-foot medical office building in Racine, Wis., has sold for twice the court-approved minimum bid.
Charlottesville, Va.-based healthcare real estate company Anchor Health Properties has acquired a two-story medical office building in Grove City, Ohio, for $10.2 million, according to a March 24 report from Columbus Business First.