Big Sky Medical Acquires First MOB in Phoenix Market
Big Sky Medical has entered the Phoenix, Arizona market with the purchase of the 252,000-square-foot Blackhawk Medical Center. ViaWest Group sold the three-building medical and office campus for $46 million, according to Maricopa County records. Blackhawk Medical Center previously changed hands in 2018, when ViaWest purchased it from Cohen Asset Management for $33.8 million. Completed between 1997 and 1998, the campus comprises Blackhawk Center I, a 138,450-square-foot, Class B office building, alongside Blackhawk Center II and III, which total 113,810 square feet and include medical office space. Big Sky Medical is a national real estate investment management firm that invests... Read More »
Elevance Health Acquires Infusion Services Provider Paragon Healthcare
Indianapolis-based Elevance Health announced on January 4 that it entered into an agreement to acquire Paragon Healthcare, Inc., headquartered in Plano, Texas. Since its founding in 2002, Paragon Healthcare has provided infusion services to patients through its omnichannel model of ambulatory infusion centers, home infusion pharmacies and other specialty pharmacy services. The company serves more than 35,000 patients at more than 40 ambulatory infusion centers across 8 states as well as patients’ homes. The company helps treat more than 300 health conditions with 24/7 on-call support. Elevance Health, formerly Anthem, Inc., connects consumers, families and communities to the... Read More »
GAP Innovations Acquires Tampa-Based Clinical Research Institute
GAP Innovations, a public benefit corporation founded by a nonprofit, announced on January 4 that it acquired Axiom Clinical Research. Axiom Clinical Research is a research institute that has been operating in the Tampa, Florida area for three decades. It was founded in 1993 by president and now lead researcher Dr. Susan Steen. The clinic performs neurological research and provides individualized service to patients. It focuses on finding therapies and cures for diseases such as Alzheimer’s, Multiple Sclerosis, Parkinson’s and other life-threatening neurodegenerative diseases. GAP Innovations was founded by Global Alzheimer’s Platform Foundation, a Washington, D.C.-based... Read More »
GuideHealth Acquires Arcadia’s Value-Based Care Services Division
GuideHealth has announced a new acquisition to expand its value-based care digital health platform. The company purchased Arcadia’s value-based care services division and managed services organization. The value-based care division is a healthcare analytics software that offers a complete view of patients, building a comprehensive data set from disparate sources across the care continuum. Arcadia’s managed services organization gives providers tools for network administration, overseeing preauthorization, managing payments and improving processes regarding visit access and referrals. No purchase price was disclosed, but GuideHealth expects to leverage the additional resources... Read More »
Local Medical Group Acquires Medical Office Building in Raleigh
A local physician group has purchased a medical office building (MOB) in Raleigh, North Carolina for nearly $17.8 million. According to data captured in the LevinPro HC database, this acquisition marks the 190th MOB acquisition of the year. Wake Internal Realty III, an LLC tied to Wake Internal Medicine, acquired the MOB on Blue Ridge Road near UNC Rex Hospital in early December, according to Wake County deed records. The building is 48,000 square feet and the purchase price is approximately $370 per square foot. The MOB was purchased from The Keith Corporation in Charlotte, North Carolina, which developed and built the building. Matt Johnson, Chief Administrative... Read More »Schedule a demo
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