New York City-based Gramercy Surgery Center and ValueHealth are teaming up to expand value-based surgical care access, the companies announced Sept. 16.
ASC Transactions & Valuation Issues
The medical office building market is a niche one, but has attracted increasing interest from investors over the past decade.
Physician practice deals heated up in the first half of the year; private equity firms were the buyer in 63 percent of the second-quarter deals.
President Joseph Biden attacked anticompetitive acquisitions earlier this year with an executive order to crack down on them, and the U.S. Justice Department plans to follow suit.
New York City-based investment firm KKR and Indianapolis-based healthcare real estate firm Cornerstone are partnering to buy more than $1 billion in real estate assets over the next few years.
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A medical office building housing a surgery center in Jacksonville, Fla., has been sold for $11.2 million, the Jacksonville Business Journal reported Sept. 13.
The largest independent physician association in California will add more than 200 members later this year, making it the largest IPA in the U.S.
Nashville, Tenn.-based Montecito Medical, a medical real estate company, bought a medical office building in Austin, Texas, that houses two ASCs, the company said Sept. 14.
A proposed zoning change is laying the groundwork for the expansion of Duluth, Minn.-based Lakewalk Surgery Center, Duluth News Tribune reported Sept. 12.
A medical office building dubbed the Tualatin (Ore.) Surgery Center was sold, according to Ethos Commercial Advisors, the agent who advised the seller.