A medical office building in Bloomington, Ill., was sold to GAHC4 Bloomington II MOB, a real estate investment company, The Pantagraph reports.
ASC Transactions & Valuation Issues
Osage, Iowa-based Mitchell County Regional Health Center will spend $4.5 million to expand its surgical department, the Mitchell County Press News reports.
Redding, Calif.-based Larkspur Optometry partnered with integrated eye care services provider Eyecare Services Partners Management.
At the Morgan Stanley Global Healthcare Conference on Sept. 9 in New York City, Tenet CEO Ron Rittenmeyer discussed the company's performance and what to expect from both its hospital and ASC segments in the future.
Edgemont Partners' founding partner, Jeff Swearingen, elaborated on the current state of merger and acquisition activity in the physician practice market.
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Here are eight updates on ASC companies and industry-relevant companies to note:
The Memorial Medical Center in Ashland, Wis. is expanding with a $21 million ASC set to break ground in October, according to CBS 3 Duluth.
Baptist Health in Miami Beach, Fla., received city approval to expand the services offered at its ASC, RE: Miami Beach reports.
Weymouth, Mass.-based South Shore Health will open a $2.7 million medical office building in early October, the Patriot Ledger reports.
ASCs, along with medical office buildings and urgent care centers, have the most positive outlook for investment in the healthcare real estate market, according to coverage of a talk given by Advisory Board Managing Director Fred Bayon in Healthcare Real…