Healthcare Real Estate M&A in 2024: Trends, Challenges and Regional Insights
As the healthcare sector continues to adapt to evolving needs, real estate mergers and acquisitions (M&A) have become pivotal in shaping the landscape of healthcare delivery. The healthcare real estate (HCRE) sector includes medical outpatient buildings (MOBs), ambulatory surgery centers (ASCs), life sciences buildings and other general healthcare real estate subsectors. According to data captured in the LevinPro HC database, there were 263 HCRE deals announced in the United States during 2024. Activity in 2024 represents a significant increase from 234 deals in 2023, and shows a clear upward trend from the 236 in 2022, 184 in 2021, 90 in 2020, 34 in 2019 and only 11 in 2018. This... Read More »
DOGE Finds $2.7 Trillion in Improper Payments: Healthcare’s Wake-Up Call
The Department of Government Efficiency (DOGE) revealed during a DOGE subcommittee hearing on February 12 that since 2003, the U.S. government has issued $2.7 trillion in improper payments across various federal agencies, including Medicare and Medicaid. While a precise breakdown for these programs was not provided, Medicare and Medicaid have consistently been a source of improper payments among federal programs, raising concerns about the long-term security of federal healthcare spending. In 2023 alone, the Department of Health and Human Services (HHS) reported approximately $100 billion in improper payments tied to Medicare and Medicaid. A critical area of concern lies within the durable... Read More »
AmeriPro Health Expands Medwest Presence With Priority Medical Transport Acquisition
Atlanta, Georgia-based AmeriPro Health announced on February 12 that it has acquired Priority Medical Transport, an emergency medical services (EMS) provider in Nebraska. Priority Medical Transport is based in North Platte, Nebraska. Founded in 2018, AmeriPro Health is a tech-enabled medical transportation and patient logistics platform serving communities across Florida, Georgia, Indiana, Kentucky, Michigan, Mississippi, South Carolina, Tennessee and Nebraska. The company’s portfolio comprises emergency and critical care services, non-emergency medical transportation, patient coordination and personalized home-based care solutions, providing a seamless patient care journey. AmeriPro... Read More »
Jabil Acquires Pharmaceutics International
On February 3, Jabil Inc. announced that it entered into an agreement to acquire Pharmaceutics International, Inc. (Pii) for an undisclosed amount. Pii is a contract development and manufacturing organization (CDMO) specializing in early stage, clinical, and commercial volume aseptic filling, lyophilization and oral solid dose manufacturing. Founded in 1994, Pii’s footprint has grown to more than 360,000 square feet across four sites on a single campus in Hunt Valley, Maryland. Jabil Inc. is a global leader in engineering, manufacturing, and supply chain solutions. It is based in St. Petersburg, Florida and was founded in 1966. By joining Jabil, Pii gains access to an... Read More »
Cone Health Buys Greensboro, NC Medical Outpatient Building
Cone Health announced that it is expanding its Greensboro, North Carolina presence. The company has plans to add a new practice after buying a building less than a mile away from its flagship hospital, Moses H. Cone Memorial Hospital. Cone Health paid $1.7 million to acquire all but one unit in a Greensboro medical outpatient building (MOB), according to a filing with the Guilford County Register of Deeds Office. Founded in 1953, Cone Health is a not-for-profit healthcare network serving more than half a million people in the Piedmont Triad of North Carolina. Cone Health has more than 13,000 employees and more than 700 physicians, along with 1,800 partner physicians. The health system... Read More »Schedule a demo
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