Goldman Sachs Alternatives Acquires Xpress Wellness from Latticework Capital Management
Latticework Capital Management and Goldman Sachs Alternatives jointly announced on May 23 Goldman Sachs’ acquisition of Xpress Wellness, LLC. Terms of the transaction were not disclosed. Xpress Wellness, along with its subsidiary, Integrity Urgent Care, provides healthcare services to rural and underserved communities across Oklahoma, Kansas and Texas. The company’s multi-specialty model is primarily focused on urgent care and additionally provides employer and workers’ compensation services, behavioral health counseling, primary care and facility-based services. Xpress Wellness currently operates 58 clinics, 39 of which are certified Rural Health Clinics. Goldman Sachs is one of the... Read More »
A Conversation with Lincoln Holdings at BOMA
The editorial team at LevinPro HC attended BOMA International’s Medical Real Estate Conference last week and sat down with Katy Lincoln, an experienced commercial real estate professional and licensed broker at Lincoln Holdings. Below is the Q&A of the conversation covering the medical real estate market. Q: Can you provide a brief summary of your background and the work you do at Lincoln Holdings? A: I spent 8 years as a broker at CBRE working across all property types, including general office and retail, but I eventually moved into healthcare real estate development and acquisitions. Prior to starting Lincoln Holdings, I spent three years as the SVP of Real Estate and Operations for... Read More »
United Surgical Partners Acquires BASS Surgery Center
Merritt Healthcare Advisors announced on May 23 that it acted as an advisor on the acquisition of Bay Area Surgical Specialist Services, LLC by United Surgical Partners International (USP). The financial terms of the transaction were not disclosed. Founded in 2016, Bay Area Surgical Specialist Services (doing business as BASS Surgery Center) is a 9,700-square-foot multi-specialty ambulatory surgery center (ASC) with four operating rooms in Walnut Creek, California. It also has more than 30 physician partners. USP is an operator of outpatient surgery centers. It is a Delaware corporation licensed to do business in Texas. Founded in 1998, it operates more than 535 surgical... Read More »
Sila Realty Trust Acquires Reading, PA Medical Outpatient Building
Sila Realty Trust, Inc. announced on May 22 the acquisition of a medical outpatient building (MOB) located in Reading, Pennsylvania for $10.5 million. The two-story, 30,000-square-foot MOB was constructed in 2020 and serves as the outpatient treatment center for former patients of the adjacent inpatient behavioral facility, as well as other patients that only require outpatient care. The purpose-built facility is positioned on the campus of the 144-bed Tower Behavioral Health facility, also constructed in 2020. The MOB is fully leased to Reading Behavioral Healthcare, a joint venture between Acadia Healthcare and Tower Health. Sila Realty Trust is a public, non-traded real estate... Read More »
Dalrada Financial Corporation Healthcare Subsidiary Genefic Acquires IV Services
Dalrada Financial Corporation announced on May 21 that its wholly-owned healthcare subsidiary, Genefic, Inc., has acquired IV Services, LLC for an undisclosed price. IV Services is a pharmaceutical business and infusion management leader with full pharmacy licenses in Louisiana and Mississippi. Genefic delivers modern systems and specialty pharmacy solutions for better care and a better patient experience. Genefic’s pharmacy solution, Genefic Specialty Pharmacy, offers more than 30 years of dedicated expertise in providing patient advocacy through end-to-end prescription services, medical education and patient advocacy and support. The acquisition of IV Services expands Genefic’s existing... Read More »Schedule a demo
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