In 2015 thus far, the real estate investment trust has closed $688 million in investments. On Sept. 1, the company acquired two buildings affiliated with Memorial Hermann Health System, based in Houston. The facilities house an ASC, which is joint ventured with United Surgical Partners International and other Memorial Hermann services. Physicians Realty Trust acquired the Katy, Texas buildings for $40.4 million.
On Sept. 30, Physicians Realty Trust acquired New Albany (Ohio) Surgical Hospital on Trinity Health’s Mount Carmel campus. The 60,000-square-foot building was bought for a total of $11.2 million.
More articles on transactions and valuation issues:
3 recent ASC acquisitions & partnerships – Oct. 8, 2015
8 hospitals & health systems opening ASCs – Sept.8, 2015
SCA receives ‘sell’ rating – 4 quick facts
At the Becker's 23rd Annual Spine, Orthopedic and Pain Management-Driven ASC + The Future of Spine Conference, taking place June 11-13 in Chicago, spine surgeons, orthopedic leaders and ASC executives will come together to explore minimally invasive techniques, ASC growth strategies and innovations shaping the future of outpatient spine care. Apply for complimentary registration now.
