Vascular Institute signs 5-year lease to share ASC with Sacramento Heart — 5 insights

The Sacramento-based Vascular Institute of Northern California owners signed a five-year lease for a 3,834-square-foot medical space, Sacramento Business Journal reports.

Advertisement

Here are five insights:

1. The Vascular Institute, a newly established medical group, will occupy part of a 71,200-square-foot block of offices in Sacramento owned by the Sacramento Heart and Vascular Center.

2. Sacramento Heart and the Vascular Institute physicians will both perform surgeries out of an ASC Sacramento Heart built on the building’s first floor within the last year.

3. The Vascular Institute physicians will perform minor procedures in its offices and move patients downstairs for vascular surgeries. It will use the ASC twice a week.

4. The Vascular Institute specializes in treating peripheral artery disease, varicose veins and spider veins.

5. Sacramento Heart’s main offices are located on the site, which also houses several Sacramento-based UC Davis Medical Group offices for family and internal medicine.

More articles on transactions/valuation:
Highland District Hospital planning expansion with outpatient orthopedic clinic — 4 insights
Montecito Medical acquires medical office building housing large ophthalmology practice, surgery center
Medical Facilities Corp.’s new $150M credit line could fuel acquisitions — 3 insights  

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.