Major healthcare transactions have ramped up in recent weeks with companies like Optum, Amazon and CVS Health making or announcing multimillion-dollar acquisitions.
ASC Transactions & Valuation Issues
An ASC in Houston was purchased by a group of local physicians and medical professionals, REjournals reported Feb. 23.
New Hyde Park, N.Y.-based Northwell Health is heavily expanding its outpatient portfolio to increase market share, CEO Michael Dowling told Becker's Hospital Review.
In the last few years, Walgreens Boots Alliance has shifted its focus from retail pharmacies to physicians.
A third of hospital revenue is shifting to ASCs, office-based labs and other outpatient sites, according to JLL's "Healthcare and Medical Office Perspective" report.
Advertisement
Verax Daniels, an entity related to Verax Investments owned by Orlando-based neurosurgeon Ravi Gandhi, MD, and urologist Javier Miller, MD, has acquired 3.6 acres of vacant property in Winter Garden, Fla., for $1.8 million, its seventh medical office building-related acquisition…
A 3,400-square-foot medical office building in Hamilton, N.J., has been sold by Fennelly Associates, according to a Feb. 22 report from roi-nj.com.
Amazon completed its $3.9 billion acquisition of primary care company One Medical.
A medical office building in Erie, Colo., was acquired by a private real estate company for $5.6 million, REBusiness Online reported Feb. 21.
UnitedHealth Group closed the multimillion-dollar deal to acquire home health and hospice company LHC Group Feb. 22, according to an SEC filing.