The $350 million joint venture portfolio contains medical office buildings, rehabilitation hospitals and an ASC. The facilities are located in Texas, Pennsylvania, Florida, Ohio, Kentucky, Tennessee, New York, North Carolina and Missouri. Texas holds most of the real estate, with eight facilities.
Tenants include Dallas-based Baylor Scott & White Health, Children’s Hospital of Los Angeles, Chicago-based CommonSpirit Health, Rady Children’s Hospital in San Diego, the U.S. Department of Veterans Affairs, Los Angeles-based University of Southern California, Gainesville-based University of Florida Health and Morgantown-based West Virginia University Medicine.
Financial terms were not disclosed.
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.
