MB Real Estate Advisors acquired a medical office building and orthopedic center, spanning 184,181 square feet, for $56.1 million, Commercial Property Executive reports.
ASC Transactions & Valuation Issues
There were 62 ASC and physician practice management transactions in the third quarter of 2019, up from 37 in the previous quarter, according to research from Hammond Hanlon Camp.
United Urology Group leased 9,255 square feet of surgery center and clinical space at Superior (Colo.) Medical Center, according to John Gustafson, a director at real estate firm Newmark Knight Frank.
Here are four joint-venture ASCs opened or announced in October:
Flagstaff-based Northern Arizona Healthcare opened its NAH Medical Imaging Center Nov. 5, journalaz.com reports.
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Ambulatory healthcare software developer NextGen Healthcare is acquiring Medfusion, a patient experience platform, for $43 million in cash. The acquisition is expected to close in early December, subject to closing conditions.
UPMC and the Institute of Eye Surgery partnered to acquire Clane General Hospital in Kildare, Ireland, laying the foundation of what will soon be a national Ophthalmology Network of Excellence, the Pittsburgh Post-Gazette reports.
Four companies that run ASCs recently released financial results for the third quarter.
A report in Medical Economics explored private equity investment in healthcare, finding that the investment isn't likely to stop.
San Antonio-based Methodist Healthcare plans to soon build a medical campus with an ASC, physician offices and an acute care hospital, San Antonio Express-News reports.