Surgery Partners Acquires 14 Wisconsin-based Groups  

Surgery Partners Acquires 14 Wisconsin-based Groups  

On August 6, Surgery Partners, backed by Boston-based private equity firm Bain Capital, announced that it entered into an agreement to acquire 14 Wisconsin-based orthopedic groups and two ambulatory surgery centers (ASCs) from The Orthopedic Institute of Wisconsin.   Surgery Partners is a leading operator of surgical facilities and ancillary services. It has more than 180 locations in 32 states, including ambulatory surgery centers, surgical hospitals, multi-specialty physician practices and urgent care facilities.  The Orthopedic Institute Of Wisconsin is a medical group practice with three locations across the state. According to its website, it has 18 physicians on... Read More »
SurgNet Health Partners Buys ASC in Tuscaloosa, Alabama

SurgNet Health Partners Buys ASC in Tuscaloosa, Alabama

SurgNet Health Partners, Inc. announced on August 8 a partnership with Tuscaloosa Endoscopy Center, a leading provider of gastrointestinal diagnostic and therapeutic endoscopic procedures in West Alabama. The deal closed on July 3, 2024. Tuscaloosa Endoscopy Center is an ambulatory surgery center (ASC) in Tuscaloosa, Alabama. Led by board-certified gastroenterologists Dr. AB Reddy, Dr. Rekha Khurana and Dr. Kartika Reddy, Tuscaloosa Endoscopy Center has been a staple in the region since it was founded in 1982. SurgNet Health Partners is a Nashville-based ambulatory surgery center development and management company. SurgNet was founded in 2022 with backing from three private equity firms:... Read More »
SurgNet Health Partners Buys ASC in Tuscaloosa, Alabama

Montecito Medical Sells San Antonio Surgery Center

On August 6, Montecito Medical Real Estate announced that it sold an ambulatory surgery center (ASC) in San Antonio, Texas. The buyer and purchase price were not disclosed. The ASC, an 11,544-square-foot building, is 100% occupied by a surgery center operated in partnership between Surgery Partners and a local ophthalmologist. The building was completed in 2019. Montecito Medical Real Estate specializes in healthcare-related real estate acquisitions and funding. Since 2006, it has completed transactions across the United States involving more than $5 billion in medical real estate. Montecito Medical is based in Nashville, Tennessee. “We are seeing great interest from investors, and we are... Read More »
National Dental Healthcare REIT Expands Footprint Across Eight States

National Dental Healthcare REIT Expands Footprint Across Eight States

National Dental Healthcare REIT (NDH REIT), a member of the Thurston Group portfolio, has announced the completion of its latest real estate acquisition. The acquisition, finalized on June 28, 2024, includes 13 properties located across New York, Oklahoma, Florida, Texas, Indiana, Ohio, Georgia and Virginia. NDH REIT partners with dental care providers in the general dental and specialty dental fields who own their real estate. NDH REIT was formed in mid-2020 by Thurston Group, a private equity firm focused on investments in healthcare service companies. The acquisition of the properties increases NDH REIT’s total portfolio to 187 properties, with a combined acquisition value of $234... Read More »
Cushman & Wakefield Arranges Acquisition Financing for MOB Portfolio in Paducah, Kentucky

Cushman & Wakefield Arranges Acquisition Financing for MOB Portfolio in Paducah, Kentucky

Cushman & Wakefield announced that it represented investor Montecito Medical Real Estate in securing $15 million in bank financing for a medical outpatient building (MOB) portfolio in Paducah, Kentucky. The acquired assets include two MOBs in Paducah, Kentucky. The two-building portfolio consists of 100 Clint Hill Boulevard, which totals 18,610 square feet, and 200 Clint Hill Boulevard, which totals 43,346 square feet, on approximately 14 acres near U.S. Highway 62 and Interstate 24. It is fully occupied by Mercy Health-Lourdes Hospital LLC, an affiliate of Bon Secours Mercy Health. Montecito Medical Real Estate specializes in healthcare-related real estate acquisitions and funding.... Read More »
AmeriPro Health Expands Services in Michigan with Acquisition of Rapid Response EMS

AmeriPro Health Expands Services in Michigan with Acquisition of Rapid Response EMS

AmeriPro Health, an Atlanta-based leader in patient logistics and last-mile healthcare delivery services, announced on August 1 that it has acquired Rapid Response EMS. Based in Romulus, Michigan, Rapid Response EMS provides emergent and non-emergent ambulance and wheelchair patient transport services in Michigan. Founded in 2018, AmeriPro Health is a tech-enabled, medical transportation and patient logistics platform that serves a diverse group of leading health systems and communities across Florida, Georgia, Indiana, Kentucky, Michigan, Mississippi, South Carolina and Tennessee. The company’s portfolio comprises emergency and critical care services, non-emergency medical... Read More »