ASC Transactions & Valuation Issues

Flagship Healthcare Trust purchased several buildings from Lexington (Ky.) Clinic including Lexington Clinic Ambulatory Surgery Center.

ASCs Inc. and J.H. Winokur, Inc. recently completed three ASC real estate sale and leaseback transactions for physician-owners:

Cincinnati-based The Urology Group sold the property housing its headquarters and surgery center for $16.6 million, the Cincinnati Business Courier reports.

Welltower will acquire 55 class A medical office buildings and outpatient facilities for $1.25 billion from CNL Healthcare Properties in the first half of 2019.

CPI Medical Fund purchased a 25,408-square-foot medical office building in Durham, N.C. housing Duke University Health System's outpatient clinic, internal medicine facility and onsite laboratory, Commercial Property Executive reports.

Phoenix-based American Vision Partners partnered with Las Vegas-based Abrams Eye Institute, growing its clinical presence in Vegas and surrounding cities.

Franklin, Tenn.-based Community Health Systems sold select assets to Spartanburg (S.C.) Regional Healthcare.

Buffalo, N.Y.-based Excelsior Orthopaedics purchased Sterling Medical Park in Orchard Park, N.Y., from gastroenterologist Mark St. Marie, MD, for $3.1 million, The Buffalo News reports.

Methodist Le Bonheur Healthcare's Methodist North Surgery Center is closing in January 2019, according to the Daily Memphian. The health system and surgery center are both located in Memphis, Tenn.

Cooperstown, N.Y.-based Bassett Hospital plans to open Cooperstown Convenient Care Jan. 3, 2019, AllOstego.com reports.