DuPage Medical Group in Downers Grove, Ill., will make a strategic investment in a Quincy, Ill.-based physician group to expand a partnership between the two organizations, the organization announced Sept. 3.
ASC Transactions & Valuation Issues
Two affiliates of Montecito Medical Real Estate sold a two-story medical office building in Weston, Fla. for $17.2 million, The Real Deal reported Sept. 2.
Frisco, Colo.-based Vail-Summit Orthopaedics & Neurosurgery has acquired an orthopedic practice and its ASC, Summit Daily reported Sept. 2.
The value ASCs bring to the healthcare system is undeniable, and buyers are watching.
A private equity group has purchased a medical office building housing the Kingwood (Texas) Endoscopy Center for $5.7 million, according to real estate brokerage firm HG Real Estate Partners.
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Property housing the Chandler, Ariz.-based Sonoran Desert Surgery Center was sold for $5.4 million.
Las Vega-based Comprehensive EyeCare Partners has added Texan Eye to its network.
Physician practice deals heated up in the first half of the year, with private equity firms driving much of the activity.
Austin-based eye surgery practice Texan Eye is partnering with national vision care management services organization Comprehensive EyeCare, based in Las Vegas, according to an Aug. 24 news release.
Sight Growth Partners has expanded its services into Pennsylvania with the merger of four ophthalmology practices in its network.