A healthcare real estate firm has paid $72 million for a three-building, 201,000-square-foot outpatient medical center in Plymouth, Minn., in one of the biggest local medical office sales ever, according to an Oct. 16 report from Finance & Commerce.
ASC Transactions & Valuation Issues
A Humana subsidiary will acquire Miami Beach, Fla.-based Clinical Care Medical Centers for $45 million after the multispecialty group sought Chapter 11 protection Oct. 13.
Nashville, Tenn.-based HCA Healthcare is one of the country's largest operators of surgery centers through HCA Surgery Ventures, its ASC arm.
Walgreens will close 1,200 locations over the next three years, the company said in its Oct. 15 fiscal fourth-quarter earnings report.
UnitedHealth Group's Optum earned $63.9 billion in total revenue in the third quarter of 2024 — an increase of 11.7% year over year, according to the company's financial report.
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Healthcare has been a focus of private-equity investment for years, driving consolidation throughout the industry.
CVS Health is planning to close or sell 29 regional pharmacies and discontinue its infusion services offerings, according to a statement shared with Becker's.
Medcraft Investment Partners has purchased Sisters Grove Pavilion, a medical office building in Colorado Springs, Colo., according to an Oct. 10 report from CommercialSearch.com.
Here are five of the major joint ventures announced between health systems and ASC companies in 2024 so far:
A medical office building in East Hills, N.Y., has sold for $7.1 million, according to an Oct. 10 report from Long Island Business News.