Tennessee ASC property sold for $6M

Property housing the Chattanooga, Tenn.-based Pomerance Eye Center was purchased for $6 million, Chattanooga Times Free Press reported Dec. 18. 

Advertisement

The property was purchased by Flagship Healthcare Properties, a Charlotte, N.C.-based real estate investment trust. The company owns or manages more than 200 medical offices across the South.

The 14,800-square-foot, 24-year-old building will continue to be leased to the Pomerance Eye Center. 

Flagship also acquired an endoscopy center in Louisville, Ky., earlier this month.

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.

Register to Attend Webinar

160 ambulatory leaders just ranked the EHR as the single system most overdue for AI reinvention

Tuesday, August 11
12:00 PM - 1:00 PM CDT

Presenter: Gautam Shah, MBA, FACHDM, NextGen Healthcare

Advertisement

Next Up in ASC Transactions & Valuation Issues

Advertisement

Comments are closed.