One of these investments was in West Tennessee Bone and Joint in Jackson. The company purchased two adjacent buildings for $9.9 million. The two buildings are a combined 36,494 square feet.
The West Tennessee Bone and Joint Buildings house an ambulatory surgery center, physician offices and imaging services.
The orthopedic physician group signed a new 15-year absolute net lease.
More articles on transactions and valuation issues:
24 new ASC joint ventures
AtlantiCare reopens acquired Sea Oaks Surgery Center
AmSurg gets neutral rating – 5 stock updates
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.